VigneshM personal page - To The Moon

VigneshM

VigneshM

No personal profile

142Follow

7Followers

0Topic

0Badge

2021-09-18

$Kulicke & Soffa(KLIC)$Not a bad choice……

2021-08-07

[Miser]

Wall Street Crime And Punishment: Jordan Belfort, The Boiler Room Wolf

2021-09-04

Ok

'They've been silent' Many companies are on the sidelines about the new Texas abortion law -- will they stay there?

2021-08-07

$Kulicke & Soffa(KLIC)$[Miser]

2021-09-05

Nice

@patricklowck:$Alibaba(BABA)$why Alibaba report so good results but price still dropping?

2021-09-03

G

Tesla Halted Production In China For 4 Days In August Due To The Semiconductor Shortage

2021-09-03

G

Uneven recovery for U.S. offshore energy production after Ida

2021-08-09

O

Meituan shares rebound on reports China is nearing end of probe

2021-09-01

?

First Retail, Now B2B: In-Person Deals Are Plummeting

2022-04-27

He will.

2023-11-22

$Diebold Nixdorf(DBD)$ My unlucky counter

2022-06-18

Repost

@TigerEvents:Happy Birthday to TIGER!!! This year, we have prepared a time machine to go on an adventure with you. Come and find surprising gifts as we stroll down memory lane!There are so many wonderful little stories in our Tiger Quest. Collect as many coins as you can in the game, these will be your basic points of this game. Apart from one mini-game mission for SG/AU/NZ, the games will be open every week, and there are endless treasures waiting for you to discover. Points can be redeemed for multiple rewards, and you can win a share of up to USD 200,000 worth of prizes! Want to win extra points? Check out these mini-games, try them, stay with us and be PAWSITIVE!Remember to collect the cards and spell out "T.I.G.E.R" during your journey for a chance to receive the limited edition 8th Anniversary Gi

2022-06-18

$KEPPEL DC REIT(AJBU.SI)$🥲

2022-04-14

$Alibaba(BABA)$True

Go to Tiger App to see more news

{"i18n":{"language":"en_US"},"userPageInfo":{"id":4088552529219160,"uuid":"4088552529219160","gmtCreate":1625450796501,"gmtModify":1704447497804,"name":"VigneshM","pinyin":"vigneshm","introduction":"","introductionEn":"","signature":"","avatar":"https://static.tigerbbs.com/b3e3c747867c8efbffe4baaf5b82dce6","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":7,"headSize":142,"tweetSize":23,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":2,"name":"无畏虎","nameTw":"無畏虎","represent":"初生牛犊","factor":"发布3条非转发主帖,1条获得他人回复或点赞","iconColor":"3C9E83","bgColor":"A2F1D9"},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":0,"symbols":null,"coverImage":null,"realNameVerified":"success","userBadges":[{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.03.31","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},{"badgeId":"972123088c9646f7b6091ae0662215be-1","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Elite Trader","description":"Total number of securities or futures transactions reached 30","bigImgUrl":"https://static.tigerbbs.com/ab0f87127c854ce3191a752d57b46edc","smallImgUrl":"https://static.tigerbbs.com/c9835ce48b8c8743566d344ac7a7ba8c","grayImgUrl":"https://static.tigerbbs.com/76754b53ce7a90019f132c1d2fbc698f","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.08.03","exceedPercentage":"60.11%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100},{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100}],"userBadgeCount":3,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":3,"crmLevelSwitch":0,"location":null,"starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"hot","tweets":[{"id":244291259760792,"gmtCreate":1700665331854,"gmtModify":1700665334574,"author":{"id":"4088552529219160","authorId":"4088552529219160","name":"VigneshM","avatar":"https://static.tigerbbs.com/b3e3c747867c8efbffe4baaf5b82dce6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/DBD\">$Diebold Nixdorf(DBD)$&nbsp;</a>My unlucky counter","listText":"<a href=\"https://ttm.financial/S/DBD\">$Diebold Nixdorf(DBD)$&nbsp;</a>My unlucky counter","text":"$Diebold Nixdorf(DBD)$ My unlucky counter","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/244291259760792","isVote":1,"tweetType":1,"viewCount":90,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9057700046,"gmtCreate":1655561259085,"gmtModify":1676535662020,"author":{"id":"4088552529219160","authorId":"4088552529219160","name":"VigneshM","avatar":"https://static.tigerbbs.com/b3e3c747867c8efbffe4baaf5b82dce6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Repost","listText":"Repost","text":"Repost","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9057700046","repostId":"9022524674","repostType":1,"repost":{"id":9022524674,"gmtCreate":1653552819200,"gmtModify":1676535303082,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/c266ef25181ace18bec1262357bbe1a8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"title":"Time Travel with Tiger, Join the Memorabilia Adventure Now!!!","htmlText":"\n \n \n  Happy Birthday to TIGER!!! This year, we have prepared a time machine to go on an adventure with you. Come and find surprising gifts as we stroll down memory lane!There are so many wonderful little stories in our Tiger Quest. Collect as many coins as you can in the game, these will be your basic points of this game. Apart from one mini-game mission for SG/AU/NZ, the games will be open every week, and there are endless treasures waiting for you to discover. Points can be redeemed for multiple rewards, and you can win a share of up to USD 200,000 worth of prizes! Want to win extra points? Check out these mini-games, try them, stay with us and be PAWSITIVE!Remember to collect the cards and spell out \"T.I.G.E.R\" during your journey for a chance to receive the limited edition 8th Anniversary Gi\n \n","listText":"Happy Birthday to TIGER!!! This year, we have prepared a time machine to go on an adventure with you. Come and find surprising gifts as we stroll down memory lane!There are so many wonderful little stories in our Tiger Quest. Collect as many coins as you can in the game, these will be your basic points of this game. Apart from one mini-game mission for SG/AU/NZ, the games will be open every week, and there are endless treasures waiting for you to discover. Points can be redeemed for multiple rewards, and you can win a share of up to USD 200,000 worth of prizes! Want to win extra points? Check out these mini-games, try them, stay with us and be PAWSITIVE!Remember to collect the cards and spell out \"T.I.G.E.R\" during your journey for a chance to receive the limited edition 8th Anniversary Gi","text":"Happy Birthday to TIGER!!! This year, we have prepared a time machine to go on an adventure with you. Come and find surprising gifts as we stroll down memory lane!There are so many wonderful little stories in our Tiger Quest. Collect as many coins as you can in the game, these will be your basic points of this game. Apart from one mini-game mission for SG/AU/NZ, the games will be open every week, and there are endless treasures waiting for you to discover. Points can be redeemed for multiple rewards, and you can win a share of up to USD 200,000 worth of prizes! Want to win extra points? Check out these mini-games, try them, stay with us and be PAWSITIVE!Remember to collect the cards and spell out \"T.I.G.E.R\" during your journey for a chance to receive the limited edition 8th Anniversary Gi","images":[],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9022524674","isVote":1,"tweetType":2,"object":{"id":"97af7069aa6440eab7c85601f72b41b1","tweetId":"9022524674","videoUrl":"https://1254107296.vod2.myqcloud.com/73ba5544vodgzp1254107296/5836ee3f387702302012189230/1IRQdazMc4YA.mp4","poster":"https://community-static.tradeup.com/news/f2462b20b2a9a2483ae56cbb54dcb2a7"},"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":141,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9057474441,"gmtCreate":1655561199083,"gmtModify":1676535662004,"author":{"id":"4088552529219160","authorId":"4088552529219160","name":"VigneshM","avatar":"https://static.tigerbbs.com/b3e3c747867c8efbffe4baaf5b82dce6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AJBU.SI\">$KEPPEL DC REIT(AJBU.SI)$</a>🥲","listText":"<a href=\"https://ttm.financial/S/AJBU.SI\">$KEPPEL DC REIT(AJBU.SI)$</a>🥲","text":"$KEPPEL DC REIT(AJBU.SI)$🥲","images":[{"img":"https://community-static.tradeup.com/news/455fc61cd2d6c0528636b871c4c43bc6","width":"750","height":"1516"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9057474441","isVote":1,"tweetType":1,"viewCount":162,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9066847660,"gmtCreate":1651888160250,"gmtModify":1676534991508,"author":{"id":"4088552529219160","authorId":"4088552529219160","name":"VigneshM","avatar":"https://static.tigerbbs.com/b3e3c747867c8efbffe4baaf5b82dce6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Bro seeing the price I don't think it can even split","listText":"Bro seeing the price I don't think it can even split","text":"Bro seeing the price I don't think it can even split","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9066847660","repostId":"9066168834","repostType":1,"repost":{"id":9066168834,"gmtCreate":1651879344028,"gmtModify":1676534987542,"author":{"id":"3576055655100541","authorId":"3576055655100541","name":"BhaskarB","avatar":"https://static.tigerbbs.com/ae63d5d863287dbf3e7d25ef9ab845e0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/SHOP\">$Shopify(SHOP)$</a>Buy the dip buy it before it splits&nbsp;","listText":"<a href=\"https://ttm.financial/S/SHOP\">$Shopify(SHOP)$</a>Buy the dip buy it before it splits&nbsp;","text":"$Shopify(SHOP)$Buy the dip buy it before it splits","images":[{"img":"https://community-static.tradeup.com/news/1670f6530846183bd7b392d864244c0d","width":"828","height":"1632"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9066168834","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":145,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9087852698,"gmtCreate":1650989614321,"gmtModify":1676534829186,"author":{"id":"4088552529219160","authorId":"4088552529219160","name":"VigneshM","avatar":"https://static.tigerbbs.com/b3e3c747867c8efbffe4baaf5b82dce6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"He will.","listText":"He will.","text":"He will.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9087852698","isVote":1,"tweetType":1,"viewCount":241,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9089017010,"gmtCreate":1649931942299,"gmtModify":1676534609674,"author":{"id":"4088552529219160","authorId":"4088552529219160","name":"VigneshM","avatar":"https://static.tigerbbs.com/b3e3c747867c8efbffe4baaf5b82dce6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/BABA\">$Alibaba(BABA)$</a>True","listText":"<a href=\"https://ttm.financial/S/BABA\">$Alibaba(BABA)$</a>True","text":"$Alibaba(BABA)$True","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9089017010","isVote":1,"tweetType":1,"viewCount":272,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":887919867,"gmtCreate":1631956299059,"gmtModify":1676530678066,"author":{"id":"4088552529219160","authorId":"4088552529219160","name":"VigneshM","avatar":"https://static.tigerbbs.com/b3e3c747867c8efbffe4baaf5b82dce6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/KLIC\">$Kulicke &amp; Soffa(KLIC)$</a>Not a bad choice……","listText":"<a href=\"https://laohu8.com/S/KLIC\">$Kulicke &amp; Soffa(KLIC)$</a>Not a bad choice……","text":"$Kulicke & Soffa(KLIC)$Not a bad choice……","images":[{"img":"https://static.tigerbbs.com/ca4a5179984dce3def55a78232585f7f","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":6,"repostSize":0,"link":"https://ttm.financial/post/887919867","isVote":1,"tweetType":1,"viewCount":449,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":814251910,"gmtCreate":1630830323430,"gmtModify":1676530402789,"author":{"id":"4088552529219160","authorId":"4088552529219160","name":"VigneshM","avatar":"https://static.tigerbbs.com/b3e3c747867c8efbffe4baaf5b82dce6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/814251910","repostId":"807974312","repostType":1,"repost":{"id":807974312,"gmtCreate":1627998899236,"gmtModify":1703499383888,"author":{"id":"3565580415318008","authorId":"3565580415318008","name":"patricklowck","avatar":"https://static.tigerbbs.com/fc04396a7aff08c74904d7b520596366","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BABA\">$Alibaba(BABA)$</a>why Alibaba report so good results but price still dropping?","listText":"<a href=\"https://laohu8.com/S/BABA\">$Alibaba(BABA)$</a>why Alibaba report so good results but price still dropping?","text":"$Alibaba(BABA)$why Alibaba report so good results but price still dropping?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/807974312","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":152,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":814012705,"gmtCreate":1630727195307,"gmtModify":1676530386171,"author":{"id":"4088552529219160","authorId":"4088552529219160","name":"VigneshM","avatar":"https://static.tigerbbs.com/b3e3c747867c8efbffe4baaf5b82dce6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/814012705","repostId":"2164030578","repostType":2,"repost":{"id":"2164030578","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1630707900,"share":"https://www.laohu8.com/m/news/2164030578?lang=&edition=full","pubTime":"2021-09-04 06:25","market":"hk","language":"en","title":"'They've been silent' Many companies are on the sidelines about the new Texas abortion law -- will they stay there?","url":"https://stock-news.laohu8.com/highlight/detail?id=2164030578","media":"Dow Jones","summary":"MW 'They've been silent' Many companies are on the sidelines about the new Texas abortion law -- wil","content":"<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW 'They've been silent' Many companies are on the sidelines about the new Texas abortion law -- will they stay there?\n</p>\n<p>\n  By Andrew Keshner \n</p>\n<p>\n  Lyft and Uber said Friday they would cover legal costs for any drivers sued under S.B. 8, the Texas law that allows people to sue anyone who 'aids or abets' an abortion. \n</p>\n<p>\n  Texas' new abortion law has touched off a wave of criticism, including from President Joe Biden, scathing dissents from the U.S. Supreme Court's liberal wing and protests outside the Texas statehouse -- but so far the reaction from most of corporate America has been muted, if anything. \n</p>\n<p>\n  More than a year ago, George Floyd's murder sparked widespread company denunciations against police brutality and an outpouring of money earmarked to address racial inequity. \n</p>\n<p>\n  Months ago, Georgia's new voting laws prompted corporate criticism, even the relocation of baseball's All-Star Game In 2016, companies lined up to take a stance against the North Carolina law requiring people to use the public restroom matching their gender at birth. \n</p>\n<p>\n  Some big name companies have weighed in abortion laws recently. In 2019, Netflix <a href=\"https://laohu8.com/S/NFLX\">$(NFLX)$</a> and Disney <a href=\"https://laohu8.com/S/DIS\">$(DIS)$</a> both said they'd have to rethink filming and doing business in Georgia if a certain abortion law went into effect. Like the Texas law, the Georgia statute prohibited abortions following a \"detectable human heart beat.\" \n</p>\n<p>\n  Last year, a federal judge struck down the law Netflix and Disney did not immediately respond to a request for comment on the Texas law. \n</p>\n<p>\n  Now comes enactment of S.B. 8, a law that bans abortions in Texas at roughly the six-week mark and empowers private citizens to sue providers and people who \"aid and abet\" an abortion. That could even include anyone driving a woman to a clinic. \n</p>\n<p>\n  Some critics of the law say they're still waiting to hear what companies think of S.B.8 -- which also happens to be taking effect in a large, business-friendly and low-tax state. \n</p>\n<p>\n  \"Corporate America hasn't really responded. They've been silent,\" said Aimee Arrambide, executive director of Avow, an Austin-based advocacy group pressing to expand abortion access in the state. \n</p>\n<p>\n  To be sure, a handful of companies have made it clear where they stand.Lyft <a href=\"https://laohu8.com/S/LYFT\">$(LYFT)$</a> CEO Logan Green announced Friday that the rideshare platform would completely cover the legal bill of drivers who are sued under the law. The company also announced a $1 million donation to Planned Parenthood. \"We encourage other companies to join us,\" he said on <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> (TWTR). \n</p>\n<p>\n  Dara Khosrowshahi, Uber's CEO,  said in a tweet that Uber is \"in too and will cover legal fees in the same way. Thanks for the push.\" \n</p>\n<p>\n  The dating site Bumble, based in Austin, Texas, announced Thursday it was setting up a relief fund \"supporting the reproductive rights of women and people across the gender spectrum who seek abortions in Texas.\" \n</p>\n<p>\n  On Wednesday night, Shar Dubey, the CEO of Match Group <a href=\"https://laohu8.com/S/MTCH\">$(MTCH)$</a> in Dallas sent a company memo saying she was setting up a fund to cover costs for out-of-state abortion. She noted she was speaking personally, and not on behalf of the company. \n</p>\n<p>\n  They've been the exceptions. \n</p>\n<p>\n  For example, Elon Musk, CEO of Tesla <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a>, said on Twitter he \"would prefer to stay out of politics\" Tesla has picked Austin as the site of its next \"gigafactory\" location. \n</p>\n<p>\n  Oracle <a href=\"https://laohu8.com/S/ORCL\">$(ORCL)$</a> , which moved its headquarters from Silicon Valley to Austin, did not immediately respond to a request for comment. Neither did Dell Technologies, which is based in Round Rock, and other large companies with Texas headquarters including Exxon Mobil <a href=\"https://laohu8.com/S/XOM\">$(XOM)$</a>, AT&amp;T <a href=\"https://laohu8.com/S/T\">$(T)$</a> and McKesson <a href=\"https://laohu8.com/S/MCK\">$(MCK)$</a>. American Airlines <a href=\"https://laohu8.com/S/AAL\">$(AAL)$</a> had no comment, according to a spokeswoman. \n</p>\n<p>\n  Hewlett Packard Enterprise <a href=\"https://laohu8.com/S/HPE\">$(HPE)$</a> announced late last year it was moving to Houston. \"As a global company of 60,000 team members, HPE encourages our team members to engage in the political process where they live and work and make their voices heard through advocacy and at the voting booth,\" a spokesman told MarketWatch, noting the company's headquarters remain in Houston. \n</p>\n<p>\n  For Arrambide, the overall silence goes deeper than companies avoiding hot button issues. \"There's still so much stigma, that they don't want to talk about it. They shy away from it under the guise of it being too political,\" Arrambide said. \n</p>\n<p>\n  For Jen Stark, however, the relative quiet might be a sign of companies thinking about strategy. \"The silence so far doesn't necessarily give me pause. Folks are in consideration,\" said Stark, who is the senior director, corporate strategy at Tara Health Foundation and the former director of corporate relations at Planned Parenthood Federation of America. \n</p>\n<p>\n  Stark said she is talking with large, publicly-traded companies right now that are figuring out what to say and what to do in reaction to the new Texas law. \"It's a really unique moment,\" Stark said. \"I think they are scrambling to catch up.\" \n</p>\n<p>\n  That brings up a larger question: Should companies weigh in on matters that might fall outside their immediate business goals and corporate mission, even if workers have a growing expectation they'll speak up? One recent survey of 3,000 employees by the consulting firm Gartner found that 75% \"expect their employer to take a stance on current societal or cultural issues, even if those issues have nothing to do with their employer.\" \n</p>\n<p>\n  James Copland, senior fellow at the right-leaning <a href=\"https://laohu8.com/S/MHC.AU\">Manhattan</a> Institute, doesn't think so. Companies need to have the ability to speak out on laws and regulations that affect them and they have every right to join trade groups and associations to further their interests -- and the interests of their shareholders. \n</p>\n<p>\n  That's where it should stop, he said. \n</p>\n<p>\n  \"In general, corporations aren't playthings for chief executives to play politics with shareholder money. ... I think they shouldn't be at the forefront of cultural wars,\" Copland said. For the biggest of companies, \"I think most executives and boards will want to stay out of this <a href=\"https://laohu8.com/S/AONE.U\">one</a>.\" \n</p>\n<p>\n  Stark noted that companies may be moved to speak against restrictive abortion laws when the matter is couched as a workforce issue. \n</p>\n<p>\n  <a href=\"https://laohu8.com/S/TWOA.U\">Two</a>-thirds of people say the new Texas law would discourage them from working in the Lone Star State, according to an approximate 1,800-person poll commissioned by the Tara Health Foundation \n</p>\n<p>\n  But Texas Gov. Greg Abbott doesn't sound worried. \n</p>\n<p>\n  \"The people who are not wringing their hands are the people who create jobs that run businesses,\" he said during a CNBC interview on Thursday. Abbott noted the financial incentives to come to Texas, such as the absence of a state income tax. \n</p>\n<p>\n  Indeed, Texas' population has been swelling. As a result of the 2020 Census count, Texas is bringing in two extra Congressional seats The state has 29.1 million people and an almost 16% population growth rate over the past 10 years, Census data shows \n</p>\n<p>\n  For Arrambide, the widely-watched stage would add extra force to company responses. \"If businesses actually take a stand, that would be so powerful,\" she said. \n</p>\n<p>\n  See also: Most workers say companies should take action on racial injustice -- but they haven't heard the C-suite talk about the problem \n</p>\n<p>\n  -Andrew Keshner \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  September 03, 2021 18:25 ET (22:25 GMT)\n</p>\n<p>\n  Copyright (c) 2021 Dow Jones &amp; Company, Inc.\n</p>\n</font></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>'They've been silent' Many companies are on the sidelines about the new Texas abortion law -- will they stay there?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n'They've been silent' Many companies are on the sidelines about the new Texas abortion law -- will they stay there?\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-09-04 06:25</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW 'They've been silent' Many companies are on the sidelines about the new Texas abortion law -- will they stay there?\n</p>\n<p>\n  By Andrew Keshner \n</p>\n<p>\n  Lyft and Uber said Friday they would cover legal costs for any drivers sued under S.B. 8, the Texas law that allows people to sue anyone who 'aids or abets' an abortion. \n</p>\n<p>\n  Texas' new abortion law has touched off a wave of criticism, including from President Joe Biden, scathing dissents from the U.S. Supreme Court's liberal wing and protests outside the Texas statehouse -- but so far the reaction from most of corporate America has been muted, if anything. \n</p>\n<p>\n  More than a year ago, George Floyd's murder sparked widespread company denunciations against police brutality and an outpouring of money earmarked to address racial inequity. \n</p>\n<p>\n  Months ago, Georgia's new voting laws prompted corporate criticism, even the relocation of baseball's All-Star Game In 2016, companies lined up to take a stance against the North Carolina law requiring people to use the public restroom matching their gender at birth. \n</p>\n<p>\n  Some big name companies have weighed in abortion laws recently. In 2019, Netflix <a href=\"https://laohu8.com/S/NFLX\">$(NFLX)$</a> and Disney <a href=\"https://laohu8.com/S/DIS\">$(DIS)$</a> both said they'd have to rethink filming and doing business in Georgia if a certain abortion law went into effect. Like the Texas law, the Georgia statute prohibited abortions following a \"detectable human heart beat.\" \n</p>\n<p>\n  Last year, a federal judge struck down the law Netflix and Disney did not immediately respond to a request for comment on the Texas law. \n</p>\n<p>\n  Now comes enactment of S.B. 8, a law that bans abortions in Texas at roughly the six-week mark and empowers private citizens to sue providers and people who \"aid and abet\" an abortion. That could even include anyone driving a woman to a clinic. \n</p>\n<p>\n  Some critics of the law say they're still waiting to hear what companies think of S.B.8 -- which also happens to be taking effect in a large, business-friendly and low-tax state. \n</p>\n<p>\n  \"Corporate America hasn't really responded. They've been silent,\" said Aimee Arrambide, executive director of Avow, an Austin-based advocacy group pressing to expand abortion access in the state. \n</p>\n<p>\n  To be sure, a handful of companies have made it clear where they stand.Lyft <a href=\"https://laohu8.com/S/LYFT\">$(LYFT)$</a> CEO Logan Green announced Friday that the rideshare platform would completely cover the legal bill of drivers who are sued under the law. The company also announced a $1 million donation to Planned Parenthood. \"We encourage other companies to join us,\" he said on <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> (TWTR). \n</p>\n<p>\n  Dara Khosrowshahi, Uber's CEO,  said in a tweet that Uber is \"in too and will cover legal fees in the same way. Thanks for the push.\" \n</p>\n<p>\n  The dating site Bumble, based in Austin, Texas, announced Thursday it was setting up a relief fund \"supporting the reproductive rights of women and people across the gender spectrum who seek abortions in Texas.\" \n</p>\n<p>\n  On Wednesday night, Shar Dubey, the CEO of Match Group <a href=\"https://laohu8.com/S/MTCH\">$(MTCH)$</a> in Dallas sent a company memo saying she was setting up a fund to cover costs for out-of-state abortion. She noted she was speaking personally, and not on behalf of the company. \n</p>\n<p>\n  They've been the exceptions. \n</p>\n<p>\n  For example, Elon Musk, CEO of Tesla <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a>, said on Twitter he \"would prefer to stay out of politics\" Tesla has picked Austin as the site of its next \"gigafactory\" location. \n</p>\n<p>\n  Oracle <a href=\"https://laohu8.com/S/ORCL\">$(ORCL)$</a> , which moved its headquarters from Silicon Valley to Austin, did not immediately respond to a request for comment. Neither did Dell Technologies, which is based in Round Rock, and other large companies with Texas headquarters including Exxon Mobil <a href=\"https://laohu8.com/S/XOM\">$(XOM)$</a>, AT&amp;T <a href=\"https://laohu8.com/S/T\">$(T)$</a> and McKesson <a href=\"https://laohu8.com/S/MCK\">$(MCK)$</a>. American Airlines <a href=\"https://laohu8.com/S/AAL\">$(AAL)$</a> had no comment, according to a spokeswoman. \n</p>\n<p>\n  Hewlett Packard Enterprise <a href=\"https://laohu8.com/S/HPE\">$(HPE)$</a> announced late last year it was moving to Houston. \"As a global company of 60,000 team members, HPE encourages our team members to engage in the political process where they live and work and make their voices heard through advocacy and at the voting booth,\" a spokesman told MarketWatch, noting the company's headquarters remain in Houston. \n</p>\n<p>\n  For Arrambide, the overall silence goes deeper than companies avoiding hot button issues. \"There's still so much stigma, that they don't want to talk about it. They shy away from it under the guise of it being too political,\" Arrambide said. \n</p>\n<p>\n  For Jen Stark, however, the relative quiet might be a sign of companies thinking about strategy. \"The silence so far doesn't necessarily give me pause. Folks are in consideration,\" said Stark, who is the senior director, corporate strategy at Tara Health Foundation and the former director of corporate relations at Planned Parenthood Federation of America. \n</p>\n<p>\n  Stark said she is talking with large, publicly-traded companies right now that are figuring out what to say and what to do in reaction to the new Texas law. \"It's a really unique moment,\" Stark said. \"I think they are scrambling to catch up.\" \n</p>\n<p>\n  That brings up a larger question: Should companies weigh in on matters that might fall outside their immediate business goals and corporate mission, even if workers have a growing expectation they'll speak up? One recent survey of 3,000 employees by the consulting firm Gartner found that 75% \"expect their employer to take a stance on current societal or cultural issues, even if those issues have nothing to do with their employer.\" \n</p>\n<p>\n  James Copland, senior fellow at the right-leaning <a href=\"https://laohu8.com/S/MHC.AU\">Manhattan</a> Institute, doesn't think so. Companies need to have the ability to speak out on laws and regulations that affect them and they have every right to join trade groups and associations to further their interests -- and the interests of their shareholders. \n</p>\n<p>\n  That's where it should stop, he said. \n</p>\n<p>\n  \"In general, corporations aren't playthings for chief executives to play politics with shareholder money. ... I think they shouldn't be at the forefront of cultural wars,\" Copland said. For the biggest of companies, \"I think most executives and boards will want to stay out of this <a href=\"https://laohu8.com/S/AONE.U\">one</a>.\" \n</p>\n<p>\n  Stark noted that companies may be moved to speak against restrictive abortion laws when the matter is couched as a workforce issue. \n</p>\n<p>\n  <a href=\"https://laohu8.com/S/TWOA.U\">Two</a>-thirds of people say the new Texas law would discourage them from working in the Lone Star State, according to an approximate 1,800-person poll commissioned by the Tara Health Foundation \n</p>\n<p>\n  But Texas Gov. Greg Abbott doesn't sound worried. \n</p>\n<p>\n  \"The people who are not wringing their hands are the people who create jobs that run businesses,\" he said during a CNBC interview on Thursday. Abbott noted the financial incentives to come to Texas, such as the absence of a state income tax. \n</p>\n<p>\n  Indeed, Texas' population has been swelling. As a result of the 2020 Census count, Texas is bringing in two extra Congressional seats The state has 29.1 million people and an almost 16% population growth rate over the past 10 years, Census data shows \n</p>\n<p>\n  For Arrambide, the widely-watched stage would add extra force to company responses. \"If businesses actually take a stand, that would be so powerful,\" she said. \n</p>\n<p>\n  See also: Most workers say companies should take action on racial injustice -- but they haven't heard the C-suite talk about the problem \n</p>\n<p>\n  -Andrew Keshner \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  September 03, 2021 18:25 ET (22:25 GMT)\n</p>\n<p>\n  Copyright (c) 2021 Dow Jones &amp; Company, Inc.\n</p>\n</font></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","NFLX":"奈飞"},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2164030578","content_text":"MW 'They've been silent' Many companies are on the sidelines about the new Texas abortion law -- will they stay there?\n\n\n  By Andrew Keshner \n\n\n  Lyft and Uber said Friday they would cover legal costs for any drivers sued under S.B. 8, the Texas law that allows people to sue anyone who 'aids or abets' an abortion. \n\n\n  Texas' new abortion law has touched off a wave of criticism, including from President Joe Biden, scathing dissents from the U.S. Supreme Court's liberal wing and protests outside the Texas statehouse -- but so far the reaction from most of corporate America has been muted, if anything. \n\n\n  More than a year ago, George Floyd's murder sparked widespread company denunciations against police brutality and an outpouring of money earmarked to address racial inequity. \n\n\n  Months ago, Georgia's new voting laws prompted corporate criticism, even the relocation of baseball's All-Star Game In 2016, companies lined up to take a stance against the North Carolina law requiring people to use the public restroom matching their gender at birth. \n\n\n  Some big name companies have weighed in abortion laws recently. In 2019, Netflix $(NFLX)$ and Disney $(DIS)$ both said they'd have to rethink filming and doing business in Georgia if a certain abortion law went into effect. Like the Texas law, the Georgia statute prohibited abortions following a \"detectable human heart beat.\" \n\n\n  Last year, a federal judge struck down the law Netflix and Disney did not immediately respond to a request for comment on the Texas law. \n\n\n  Now comes enactment of S.B. 8, a law that bans abortions in Texas at roughly the six-week mark and empowers private citizens to sue providers and people who \"aid and abet\" an abortion. That could even include anyone driving a woman to a clinic. \n\n\n  Some critics of the law say they're still waiting to hear what companies think of S.B.8 -- which also happens to be taking effect in a large, business-friendly and low-tax state. \n\n\n  \"Corporate America hasn't really responded. They've been silent,\" said Aimee Arrambide, executive director of Avow, an Austin-based advocacy group pressing to expand abortion access in the state. \n\n\n  To be sure, a handful of companies have made it clear where they stand.Lyft $(LYFT)$ CEO Logan Green announced Friday that the rideshare platform would completely cover the legal bill of drivers who are sued under the law. The company also announced a $1 million donation to Planned Parenthood. \"We encourage other companies to join us,\" he said on Twitter (TWTR). \n\n\n  Dara Khosrowshahi, Uber's CEO,  said in a tweet that Uber is \"in too and will cover legal fees in the same way. Thanks for the push.\" \n\n\n  The dating site Bumble, based in Austin, Texas, announced Thursday it was setting up a relief fund \"supporting the reproductive rights of women and people across the gender spectrum who seek abortions in Texas.\" \n\n\n  On Wednesday night, Shar Dubey, the CEO of Match Group $(MTCH)$ in Dallas sent a company memo saying she was setting up a fund to cover costs for out-of-state abortion. She noted she was speaking personally, and not on behalf of the company. \n\n\n  They've been the exceptions. \n\n\n  For example, Elon Musk, CEO of Tesla $(TSLA)$, said on Twitter he \"would prefer to stay out of politics\" Tesla has picked Austin as the site of its next \"gigafactory\" location. \n\n\n  Oracle $(ORCL)$ , which moved its headquarters from Silicon Valley to Austin, did not immediately respond to a request for comment. Neither did Dell Technologies, which is based in Round Rock, and other large companies with Texas headquarters including Exxon Mobil $(XOM)$, AT&T $(T)$ and McKesson $(MCK)$. American Airlines $(AAL)$ had no comment, according to a spokeswoman. \n\n\n  Hewlett Packard Enterprise $(HPE)$ announced late last year it was moving to Houston. \"As a global company of 60,000 team members, HPE encourages our team members to engage in the political process where they live and work and make their voices heard through advocacy and at the voting booth,\" a spokesman told MarketWatch, noting the company's headquarters remain in Houston. \n\n\n  For Arrambide, the overall silence goes deeper than companies avoiding hot button issues. \"There's still so much stigma, that they don't want to talk about it. They shy away from it under the guise of it being too political,\" Arrambide said. \n\n\n  For Jen Stark, however, the relative quiet might be a sign of companies thinking about strategy. \"The silence so far doesn't necessarily give me pause. Folks are in consideration,\" said Stark, who is the senior director, corporate strategy at Tara Health Foundation and the former director of corporate relations at Planned Parenthood Federation of America. \n\n\n  Stark said she is talking with large, publicly-traded companies right now that are figuring out what to say and what to do in reaction to the new Texas law. \"It's a really unique moment,\" Stark said. \"I think they are scrambling to catch up.\" \n\n\n  That brings up a larger question: Should companies weigh in on matters that might fall outside their immediate business goals and corporate mission, even if workers have a growing expectation they'll speak up? One recent survey of 3,000 employees by the consulting firm Gartner found that 75% \"expect their employer to take a stance on current societal or cultural issues, even if those issues have nothing to do with their employer.\" \n\n\n  James Copland, senior fellow at the right-leaning Manhattan Institute, doesn't think so. Companies need to have the ability to speak out on laws and regulations that affect them and they have every right to join trade groups and associations to further their interests -- and the interests of their shareholders. \n\n\n  That's where it should stop, he said. \n\n\n  \"In general, corporations aren't playthings for chief executives to play politics with shareholder money. ... I think they shouldn't be at the forefront of cultural wars,\" Copland said. For the biggest of companies, \"I think most executives and boards will want to stay out of this one.\" \n\n\n  Stark noted that companies may be moved to speak against restrictive abortion laws when the matter is couched as a workforce issue. \n\n\nTwo-thirds of people say the new Texas law would discourage them from working in the Lone Star State, according to an approximate 1,800-person poll commissioned by the Tara Health Foundation \n\n\n  But Texas Gov. Greg Abbott doesn't sound worried. \n\n\n  \"The people who are not wringing their hands are the people who create jobs that run businesses,\" he said during a CNBC interview on Thursday. Abbott noted the financial incentives to come to Texas, such as the absence of a state income tax. \n\n\n  Indeed, Texas' population has been swelling. As a result of the 2020 Census count, Texas is bringing in two extra Congressional seats The state has 29.1 million people and an almost 16% population growth rate over the past 10 years, Census data shows \n\n\n  For Arrambide, the widely-watched stage would add extra force to company responses. \"If businesses actually take a stand, that would be so powerful,\" she said. \n\n\n  See also: Most workers say companies should take action on racial injustice -- but they haven't heard the C-suite talk about the problem \n\n\n  -Andrew Keshner \n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n  September 03, 2021 18:25 ET (22:25 GMT)\n\n\n  Copyright (c) 2021 Dow Jones & Company, Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":208,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":815193409,"gmtCreate":1630652964201,"gmtModify":1676530366877,"author":{"id":"4088552529219160","authorId":"4088552529219160","name":"VigneshM","avatar":"https://static.tigerbbs.com/b3e3c747867c8efbffe4baaf5b82dce6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"G","listText":"G","text":"G","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/815193409","repostId":"1103995208","repostType":2,"repost":{"id":"1103995208","pubTimestamp":1630629549,"share":"https://www.laohu8.com/m/news/1103995208?lang=&edition=full","pubTime":"2021-09-03 08:39","market":"us","language":"en","title":"Tesla Halted Production In China For 4 Days In August Due To The Semiconductor Shortage","url":"https://stock-news.laohu8.com/highlight/detail?id=1103995208","media":"zerohedge","summary":"Production output for Tesla in China has reportedly once again been halted and is being  blamed on the global semiconductor shortage.Short of the pandemic, the semi shortage has become a very convenient scapegoat, especially for the auto industry, for numerous manufacturers who have shut down production temporarily and idled plants throughout 2021.Tesla's Shanghai plant was halted \"for about four days\" in August, according to anew report from Reuters.In China, Tesla sold 32,968 China-made vehicl","content":"<p>Production output for Tesla in China has reportedly once again been halted and is being (once again) blamed on the global semiconductor shortage.</p>\n<p>Short of the pandemic, the semi shortage has become a very convenient scapegoat, especially for the auto industry, for numerous manufacturers who have shut down production temporarily and idled plants throughout 2021.</p>\n<p>Tesla's Shanghai plant was halted \"for about four days\" in August, according to anew report from Reuters.</p>\n<p>Production is reportedly now \"back to normal\" and the halt was blamed on shortages with the availability of electronic control units, mainly for the company's Model Y.</p>\n<p><img src=\"https://static.tigerbbs.com/088a74e39307bb5a626cdf7ae62f75c0\" tg-width=\"532\" tg-height=\"300\" width=\"100%\" height=\"auto\">In China, Tesla sold 32,968 China-made vehicles in July - this includes vehicles sold in China and vehicles exported - according to the China Passenger Car Association (CPCA). This was below the 33,155 vehicles sold in June; a number that we pointed out could have been a sign that the ship had steadied between Tesla and China - and that demand was once again rising.</p>\n<p>But July's numbers seem to indicate little, if any, growth in demand between June and July.</p>\n<p>Shipments of locally made vehicles sold in China plunged, to 8,621 cars from 28,138 in June. There is generally cyclicality for automaker sales wherein the beginning of a quarter (July) comes in markedly lower than the end of the previous quarter (June).</p>\n<p><img src=\"https://static.tigerbbs.com/100cff92002adb2ace977d6b7234a6b4\" tg-width=\"660\" tg-height=\"393\" width=\"100%\" height=\"auto\">PCA Secretary General Cui Dongshu said during a briefing last month: “Tesla tends to be aggressive in exports regardless of the domestic market in July. The fact that Tesla’s domestic deliveries didn’t reach 10,000 is normal and fine.”</p>\n<p>24,347 of the 32,968 cars made in China were manufactured for export.</p>\n<p>Tesla fell between BYD, who sold 50,387 China-made EVs and GM/SAIC, who sold 27.347 EVs.</p>\n<p>Recall, other automakers have slowed production due to the semi shortage, too. Wereported last monththat Toyota had slashed&nbsp;global production for September by 40% from its previous outlook. The production cut will reduce Toyota's global production for September from 900,000 automobiles to 500,000.</p>\n<p>As a result,&nbsp;Toyota's global production for the month will be below that of last September,&nbsp;when demand was beginning to recover from the initial stages of the coronavirus pandemic and Toyota turned out 840,000 units.</p>","source":"lsy1583725640930","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Halted Production In China For 4 Days In August Due To The Semiconductor Shortage</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Halted Production In China For 4 Days In August Due To The Semiconductor Shortage\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-03 08:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/tesla-halted-production-china-4-days-august-due-semiconductor-shortage?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Production output for Tesla in China has reportedly once again been halted and is being (once again) blamed on the global semiconductor shortage.\nShort of the pandemic, the semi shortage has become a ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/tesla-halted-production-china-4-days-august-due-semiconductor-shortage?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.zerohedge.com/markets/tesla-halted-production-china-4-days-august-due-semiconductor-shortage?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103995208","content_text":"Production output for Tesla in China has reportedly once again been halted and is being (once again) blamed on the global semiconductor shortage.\nShort of the pandemic, the semi shortage has become a very convenient scapegoat, especially for the auto industry, for numerous manufacturers who have shut down production temporarily and idled plants throughout 2021.\nTesla's Shanghai plant was halted \"for about four days\" in August, according to anew report from Reuters.\nProduction is reportedly now \"back to normal\" and the halt was blamed on shortages with the availability of electronic control units, mainly for the company's Model Y.\nIn China, Tesla sold 32,968 China-made vehicles in July - this includes vehicles sold in China and vehicles exported - according to the China Passenger Car Association (CPCA). This was below the 33,155 vehicles sold in June; a number that we pointed out could have been a sign that the ship had steadied between Tesla and China - and that demand was once again rising.\nBut July's numbers seem to indicate little, if any, growth in demand between June and July.\nShipments of locally made vehicles sold in China plunged, to 8,621 cars from 28,138 in June. There is generally cyclicality for automaker sales wherein the beginning of a quarter (July) comes in markedly lower than the end of the previous quarter (June).\nPCA Secretary General Cui Dongshu said during a briefing last month: “Tesla tends to be aggressive in exports regardless of the domestic market in July. The fact that Tesla’s domestic deliveries didn’t reach 10,000 is normal and fine.”\n24,347 of the 32,968 cars made in China were manufactured for export.\nTesla fell between BYD, who sold 50,387 China-made EVs and GM/SAIC, who sold 27.347 EVs.\nRecall, other automakers have slowed production due to the semi shortage, too. Wereported last monththat Toyota had slashed global production for September by 40% from its previous outlook. The production cut will reduce Toyota's global production for September from 900,000 automobiles to 500,000.\nAs a result, Toyota's global production for the month will be below that of last September, when demand was beginning to recover from the initial stages of the coronavirus pandemic and Toyota turned out 840,000 units.","news_type":1},"isVote":1,"tweetType":1,"viewCount":217,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":815199350,"gmtCreate":1630652796570,"gmtModify":1676530366844,"author":{"id":"4088552529219160","authorId":"4088552529219160","name":"VigneshM","avatar":"https://static.tigerbbs.com/b3e3c747867c8efbffe4baaf5b82dce6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"G","listText":"G","text":"G","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/815199350","repostId":"2164820764","repostType":2,"repost":{"id":"2164820764","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1630648800,"share":"https://www.laohu8.com/m/news/2164820764?lang=&edition=full","pubTime":"2021-09-03 14:00","market":"fut","language":"en","title":"Uneven recovery for U.S. offshore energy production after Ida","url":"https://stock-news.laohu8.com/highlight/detail?id=2164820764","media":"Reuters","summary":"Sept 3 (Reuters) - U.S. Gulf Coast energy companies on Friday advanced the recovery from Hurricane I","content":"<p>Sept 3 (Reuters) - U.S. Gulf Coast energy companies on Friday advanced the recovery from Hurricane Ida on a few fronts, but slipped elsewhere as lack of crews, power and fuel reversed earlier production gains.</p>\n<p>Ports were reopening and some pipelines restarted as companies completed post-storm evaluations. However, larger hurdles remained for producers and refiners that struggled to get up and running.</p>\n<p>The White House sought to ease fuel shortages in the region, authorizing the release of 1.5 million barrels of crude oil to Exxon Mobil to produce gasoline. Four large refineries in the state remain shut.</p>\n<p>Widespread fuel and power shortages hampered recovery. About 880,000 homes and businesses in the state lacked power. More than a third of gasoline stations were without fuel, according to tracking firm GasBuddy.</p>\n<p>The shortages included aviation fuel for helicopters that conduct post-hurricane aerial evaluations and ferry workers to and from platforms. Ida's winds crushed fuel depots and helicopter pads used by transport firms.</p>\n<p>\"Staff is dealing with their personal issues, including losing houses and the lack of transportation to reach the base camps,\" said an executive of an offshore oil producer.</p>\n<p>Five days after the hurricane churned through offshore oil and gas fields, crews had not returned to three-quarters of the evacuated platforms and more than 90% of production remained offline, government data showed.</p>\n<p>Royal Dutch Shell , the largest Gulf of Mexico producer, has resumed 20% of its usual production, the company said. An offshore facility that carries offshore oil and gas to shore suffered damage, it said.</p>\n<p>Overall Gulf of Mexico output declined by 240,000 barrels, according to government data, an unusual reversal. Production restarts are taking longer than after past storms, analysts said, in part because of the extent of infrastructure damage.</p>\n<p>Tony Odak, chief operating officer of Stone Oil Distributor, which supplies fuel to offshore producers, said he has begun getting supplies from as far away as Port Arthur and Galveston, Texas.</p>\n<p>\"We are securing resupply outside the Mississippi River right now,\" said Odak.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Uneven recovery for U.S. offshore energy production after Ida</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUneven recovery for U.S. offshore energy production after Ida\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-09-03 14:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Sept 3 (Reuters) - U.S. Gulf Coast energy companies on Friday advanced the recovery from Hurricane Ida on a few fronts, but slipped elsewhere as lack of crews, power and fuel reversed earlier production gains.</p>\n<p>Ports were reopening and some pipelines restarted as companies completed post-storm evaluations. However, larger hurdles remained for producers and refiners that struggled to get up and running.</p>\n<p>The White House sought to ease fuel shortages in the region, authorizing the release of 1.5 million barrels of crude oil to Exxon Mobil to produce gasoline. Four large refineries in the state remain shut.</p>\n<p>Widespread fuel and power shortages hampered recovery. About 880,000 homes and businesses in the state lacked power. More than a third of gasoline stations were without fuel, according to tracking firm GasBuddy.</p>\n<p>The shortages included aviation fuel for helicopters that conduct post-hurricane aerial evaluations and ferry workers to and from platforms. Ida's winds crushed fuel depots and helicopter pads used by transport firms.</p>\n<p>\"Staff is dealing with their personal issues, including losing houses and the lack of transportation to reach the base camps,\" said an executive of an offshore oil producer.</p>\n<p>Five days after the hurricane churned through offshore oil and gas fields, crews had not returned to three-quarters of the evacuated platforms and more than 90% of production remained offline, government data showed.</p>\n<p>Royal Dutch Shell , the largest Gulf of Mexico producer, has resumed 20% of its usual production, the company said. An offshore facility that carries offshore oil and gas to shore suffered damage, it said.</p>\n<p>Overall Gulf of Mexico output declined by 240,000 barrels, according to government data, an unusual reversal. Production restarts are taking longer than after past storms, analysts said, in part because of the extent of infrastructure damage.</p>\n<p>Tony Odak, chief operating officer of Stone Oil Distributor, which supplies fuel to offshore producers, said he has begun getting supplies from as far away as Port Arthur and Galveston, Texas.</p>\n<p>\"We are securing resupply outside the Mississippi River right now,\" said Odak.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UGAZ":"三倍做多天然气ETN(VelocityShares)","SCO":"二倍做空彭博原油指数ETF","DDG":"ProShares做空石油与天然气ETF","DUG":"二倍做空石油与天然气ETF(ProShares)","UNG":"美国天然气基金","USO":"美国原油ETF","DGAZ":"三倍做空天然气ETN(VelocityShares)","DWT":"三倍做空原油ETN","XOM":"埃克森美孚","UCO":"二倍做多彭博原油ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2164820764","content_text":"Sept 3 (Reuters) - U.S. Gulf Coast energy companies on Friday advanced the recovery from Hurricane Ida on a few fronts, but slipped elsewhere as lack of crews, power and fuel reversed earlier production gains.\nPorts were reopening and some pipelines restarted as companies completed post-storm evaluations. However, larger hurdles remained for producers and refiners that struggled to get up and running.\nThe White House sought to ease fuel shortages in the region, authorizing the release of 1.5 million barrels of crude oil to Exxon Mobil to produce gasoline. Four large refineries in the state remain shut.\nWidespread fuel and power shortages hampered recovery. About 880,000 homes and businesses in the state lacked power. More than a third of gasoline stations were without fuel, according to tracking firm GasBuddy.\nThe shortages included aviation fuel for helicopters that conduct post-hurricane aerial evaluations and ferry workers to and from platforms. Ida's winds crushed fuel depots and helicopter pads used by transport firms.\n\"Staff is dealing with their personal issues, including losing houses and the lack of transportation to reach the base camps,\" said an executive of an offshore oil producer.\nFive days after the hurricane churned through offshore oil and gas fields, crews had not returned to three-quarters of the evacuated platforms and more than 90% of production remained offline, government data showed.\nRoyal Dutch Shell , the largest Gulf of Mexico producer, has resumed 20% of its usual production, the company said. An offshore facility that carries offshore oil and gas to shore suffered damage, it said.\nOverall Gulf of Mexico output declined by 240,000 barrels, according to government data, an unusual reversal. Production restarts are taking longer than after past storms, analysts said, in part because of the extent of infrastructure damage.\nTony Odak, chief operating officer of Stone Oil Distributor, which supplies fuel to offshore producers, said he has begun getting supplies from as far away as Port Arthur and Galveston, Texas.\n\"We are securing resupply outside the Mississippi River right now,\" said Odak.","news_type":1},"isVote":1,"tweetType":1,"viewCount":95,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":816948615,"gmtCreate":1630462766037,"gmtModify":1676530310373,"author":{"id":"4088552529219160","authorId":"4088552529219160","name":"VigneshM","avatar":"https://static.tigerbbs.com/b3e3c747867c8efbffe4baaf5b82dce6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/816948615","repostId":"2164865476","repostType":2,"repost":{"id":"2164865476","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1630429834,"share":"https://www.laohu8.com/m/news/2164865476?lang=&edition=full","pubTime":"2021-09-01 01:10","market":"hk","language":"en","title":"First Retail, Now B2B: In-Person Deals Are Plummeting","url":"https://stock-news.laohu8.com/highlight/detail?id=2164865476","media":"Benzinga","summary":"Not long ago, if a salesperson were to complain to the boss about making the tedious rounds to clients&#39; branches, the likely response was that it&#39;s &#34;just the cost of doing business.&#34; After all, nothing comes for free.","content":"<html><body><p>Not long ago, if a salesperson were to complain to the boss about making the tedious rounds to clients' branches, the likely response was that it's \"just the cost of doing business.\" After all, nothing comes for free. However, the cost of doing business has risen from a few hours of boredom to contracting a potentially deadly virus, and it's a price that not many are willing to pay. The solution many have discovered is to change the definition of \"doing business.\" </p>\n<p>Pretty much everyone is aware of the global shift to e-commerce on the retail side, but flying under the radar is the rise of e-commerce between businesses. According to Forrester, U.S. B2B e-commerce will reach $9 trillion by the end of 2021, compared to less than $3 trillion for retail. Gone are the face-to-face deals of years past — these days, business is done with a click of the mouse rather than a flourish of the pen.</p>\n<h2>A change that was needed – and wanted</h2>\n<p>Like many other online shopping trends, B2B e-commerce was already on the rise before COVID-19 rolled around.</p>\n<p>\"I think it was very evident that for suppliers, there was a critical importance of building a digital relationship with their customers,\" Mitch Rose, senior vice president of sales for B2B payment company Billtrust, told Modern Shipper. \"COVID just took it to another level.\"</p>\n<p>When the pandemic hit, customers of B2B suppliers could no longer go to branches to speak to representatives and learn about products. Whereas going digital was just a trend before, it had become a necessity, and Rose's company saw that firsthand. From March 2020 to March 2021, Billtrust saw its B2B web sales increase more than 463%, while average order amount nearly tripled.</p>\n<p>Having an e-commerce platform — and a good <a href=\"https://laohu8.com/S/AONE.U\">one</a> — is now essential for B2B companies to place and fill orders, and buyer behavior all but confirms it. According to Gartner, 43% of B2B buyers would prefer not to interact with a sales representative <em>at all</em>, whether in person, on the phone or by email. And per McKinsey, around two-thirds of buyers prefer remote human interaction or digital self-service when buying from or interacting with B2B organizations. The shift to e-commerce hasn't been solely due to necessity — buyers like it, too.</p>\n<h2>The new way of doing business</h2>\n<p>But what does B2B e-commerce look like? Well, just like in-store, consumers would prefer to find things for themselves online. A 2021 Infor survey revealed that 71% of distributors are prioritizing a self-service buying experience for their customers.</p>\n<p>\"If you have a search bar, [online shoppers are] going to try to find their own answers,\" Michael Campbell, digital marketing director of B2B distributor Lee Supply Corp., told Modern Shipper. \"And I know we're talking about the digital world, but if you compare it to the analog world, if you walk into a store, you don't want to be greeted with the, ‘How can I help you?' You want to go try to find it yourself first.\"</p>\n<p>But as much as consumers want to shop on their own, a part of them wants some guidance from the seller. For a distributor like Lee Supply Corp., one of the biggest challenges of the digital transition has been data collection that would allow for more accurate product information, better consumer insights and customizable product recommendations.</p>\n<p>\"You don't want your customers to have to call the branch to ask questions if we could just provide answers right there on the page,\" Campbell explained.</p>\n<hr/>\n<h3>Related:</h3>\n<h4>Read: Back-to-school shopping will never be the same</h4>\n<h4>Read: A closer look at Maersk's budding e-commerce operations</h4>\n<hr/>\n<p>Campbell's company was one of the many B2B distributors shifting toward e-commerce before the pandemic, but even then, finding ways to collect comprehensive data has been challenging. Lee Supply Corp. opted not to use an outside service for data collection because, as Campbell says, \"when you have hundreds of thousands of SKUs, you're not hitting everything.\" Instead, the company developed its methods internally.</p>\n<p>With analytic insights, Lee Supply Corp. has been able to track what users are buying and searching for on its e-commerce platform, which has allowed it to recommend the right products to the right buyers. It's also given the company greater visibility over its product information management, meaning better accuracy for product images, descriptions, and specifications. On Lee Supply Corp.'s website, for example, recommendations appear directly beneath the product image — just like <strong>Amazon </strong>(NASDAQ:AMZN).</p>\n<p>Alongside data analytics, B2B distributors have turned to new tools and technology to make the transition to digital smoother. One such innovation has been platforms like Billtrust, which facilitates online invoices. Another is the bar code scanner, which Campbell says has been one of his company's largest drivers for user adoption.</p>\n<p>\"Whereas your outside salesperson might go into their customer's warehouse and spend three hours going through their stock to place an order to restock their shelves, with a bar code scanner, we print our own bar codes,\" he said.</p>\n<h2>The death of the face-to-face deal</h2>\n<p>There's some bad news for salespeople who are fond of the in-person deals of old. B2B has moved online, and it's likely to stay there. E-commerce is like a drug, and the B2B industry has gotten a taste of it — now, it can't get enough.</p>\n<p>\"That genie is not going back in the bottle,\" Rose said. \"Now it's just going to be more and more and more important, and the industry is talking about it a lot.\"</p>\n<p>The same demand for ease and convenience that's swept the retail ecosystem has overtaken the B2B space as well. Business people are people too, and many hate the long car rides and tedious marketing calls as much as the next person. According to Rose, it's the \"cornerstone\" that's driving B2B e-commerce, and all that's left to do is use technology to replace the practices of years past.</p>\n<p>\"Now it's a matter of the technology — the product information management systems, the personalization, the recommendations, the optimizing of SEO — and making sure that the suppliers have the right tools to keep on driving adoption of their e-commerce sites.\"</p>\n<h3>You may also like:</h3>\n<p>What does Walmart's GoLocal service mean for last-mile delivery?</p>\n<p>Drone highways in the sky could be on the horizon</p>\n<p>Food delivery companies in NYC face permanent commission cap</p>\n<p>Image by StartupStockPhotos from Pixabay</p>\n</body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>First Retail, Now B2B: In-Person Deals Are Plummeting</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFirst Retail, Now B2B: In-Person Deals Are Plummeting\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-09-01 01:10</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>Not long ago, if a salesperson were to complain to the boss about making the tedious rounds to clients' branches, the likely response was that it's \"just the cost of doing business.\" After all, nothing comes for free. However, the cost of doing business has risen from a few hours of boredom to contracting a potentially deadly virus, and it's a price that not many are willing to pay. The solution many have discovered is to change the definition of \"doing business.\" </p>\n<p>Pretty much everyone is aware of the global shift to e-commerce on the retail side, but flying under the radar is the rise of e-commerce between businesses. According to Forrester, U.S. B2B e-commerce will reach $9 trillion by the end of 2021, compared to less than $3 trillion for retail. Gone are the face-to-face deals of years past — these days, business is done with a click of the mouse rather than a flourish of the pen.</p>\n<h2>A change that was needed – and wanted</h2>\n<p>Like many other online shopping trends, B2B e-commerce was already on the rise before COVID-19 rolled around.</p>\n<p>\"I think it was very evident that for suppliers, there was a critical importance of building a digital relationship with their customers,\" Mitch Rose, senior vice president of sales for B2B payment company Billtrust, told Modern Shipper. \"COVID just took it to another level.\"</p>\n<p>When the pandemic hit, customers of B2B suppliers could no longer go to branches to speak to representatives and learn about products. Whereas going digital was just a trend before, it had become a necessity, and Rose's company saw that firsthand. From March 2020 to March 2021, Billtrust saw its B2B web sales increase more than 463%, while average order amount nearly tripled.</p>\n<p>Having an e-commerce platform — and a good <a href=\"https://laohu8.com/S/AONE.U\">one</a> — is now essential for B2B companies to place and fill orders, and buyer behavior all but confirms it. According to Gartner, 43% of B2B buyers would prefer not to interact with a sales representative <em>at all</em>, whether in person, on the phone or by email. And per McKinsey, around two-thirds of buyers prefer remote human interaction or digital self-service when buying from or interacting with B2B organizations. The shift to e-commerce hasn't been solely due to necessity — buyers like it, too.</p>\n<h2>The new way of doing business</h2>\n<p>But what does B2B e-commerce look like? Well, just like in-store, consumers would prefer to find things for themselves online. A 2021 Infor survey revealed that 71% of distributors are prioritizing a self-service buying experience for their customers.</p>\n<p>\"If you have a search bar, [online shoppers are] going to try to find their own answers,\" Michael Campbell, digital marketing director of B2B distributor Lee Supply Corp., told Modern Shipper. \"And I know we're talking about the digital world, but if you compare it to the analog world, if you walk into a store, you don't want to be greeted with the, ‘How can I help you?' You want to go try to find it yourself first.\"</p>\n<p>But as much as consumers want to shop on their own, a part of them wants some guidance from the seller. For a distributor like Lee Supply Corp., one of the biggest challenges of the digital transition has been data collection that would allow for more accurate product information, better consumer insights and customizable product recommendations.</p>\n<p>\"You don't want your customers to have to call the branch to ask questions if we could just provide answers right there on the page,\" Campbell explained.</p>\n<hr/>\n<h3>Related:</h3>\n<h4>Read: Back-to-school shopping will never be the same</h4>\n<h4>Read: A closer look at Maersk's budding e-commerce operations</h4>\n<hr/>\n<p>Campbell's company was one of the many B2B distributors shifting toward e-commerce before the pandemic, but even then, finding ways to collect comprehensive data has been challenging. Lee Supply Corp. opted not to use an outside service for data collection because, as Campbell says, \"when you have hundreds of thousands of SKUs, you're not hitting everything.\" Instead, the company developed its methods internally.</p>\n<p>With analytic insights, Lee Supply Corp. has been able to track what users are buying and searching for on its e-commerce platform, which has allowed it to recommend the right products to the right buyers. It's also given the company greater visibility over its product information management, meaning better accuracy for product images, descriptions, and specifications. On Lee Supply Corp.'s website, for example, recommendations appear directly beneath the product image — just like <strong>Amazon </strong>(NASDAQ:AMZN).</p>\n<p>Alongside data analytics, B2B distributors have turned to new tools and technology to make the transition to digital smoother. One such innovation has been platforms like Billtrust, which facilitates online invoices. Another is the bar code scanner, which Campbell says has been one of his company's largest drivers for user adoption.</p>\n<p>\"Whereas your outside salesperson might go into their customer's warehouse and spend three hours going through their stock to place an order to restock their shelves, with a bar code scanner, we print our own bar codes,\" he said.</p>\n<h2>The death of the face-to-face deal</h2>\n<p>There's some bad news for salespeople who are fond of the in-person deals of old. B2B has moved online, and it's likely to stay there. E-commerce is like a drug, and the B2B industry has gotten a taste of it — now, it can't get enough.</p>\n<p>\"That genie is not going back in the bottle,\" Rose said. \"Now it's just going to be more and more and more important, and the industry is talking about it a lot.\"</p>\n<p>The same demand for ease and convenience that's swept the retail ecosystem has overtaken the B2B space as well. Business people are people too, and many hate the long car rides and tedious marketing calls as much as the next person. According to Rose, it's the \"cornerstone\" that's driving B2B e-commerce, and all that's left to do is use technology to replace the practices of years past.</p>\n<p>\"Now it's a matter of the technology — the product information management systems, the personalization, the recommendations, the optimizing of SEO — and making sure that the suppliers have the right tools to keep on driving adoption of their e-commerce sites.\"</p>\n<h3>You may also like:</h3>\n<p>What does Walmart's GoLocal service mean for last-mile delivery?</p>\n<p>Drone highways in the sky could be on the horizon</p>\n<p>Food delivery companies in NYC face permanent commission cap</p>\n<p>Image by StartupStockPhotos from Pixabay</p>\n</body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://www.benzinga.com/news/earnings/21/08/22744289/first-retail-now-b2b-in-person-deals-are-plummeting","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2164865476","content_text":"Not long ago, if a salesperson were to complain to the boss about making the tedious rounds to clients' branches, the likely response was that it's \"just the cost of doing business.\" After all, nothing comes for free. However, the cost of doing business has risen from a few hours of boredom to contracting a potentially deadly virus, and it's a price that not many are willing to pay. The solution many have discovered is to change the definition of \"doing business.\" \nPretty much everyone is aware of the global shift to e-commerce on the retail side, but flying under the radar is the rise of e-commerce between businesses. According to Forrester, U.S. B2B e-commerce will reach $9 trillion by the end of 2021, compared to less than $3 trillion for retail. Gone are the face-to-face deals of years past — these days, business is done with a click of the mouse rather than a flourish of the pen.\nA change that was needed – and wanted\nLike many other online shopping trends, B2B e-commerce was already on the rise before COVID-19 rolled around.\n\"I think it was very evident that for suppliers, there was a critical importance of building a digital relationship with their customers,\" Mitch Rose, senior vice president of sales for B2B payment company Billtrust, told Modern Shipper. \"COVID just took it to another level.\"\nWhen the pandemic hit, customers of B2B suppliers could no longer go to branches to speak to representatives and learn about products. Whereas going digital was just a trend before, it had become a necessity, and Rose's company saw that firsthand. From March 2020 to March 2021, Billtrust saw its B2B web sales increase more than 463%, while average order amount nearly tripled.\nHaving an e-commerce platform — and a good one — is now essential for B2B companies to place and fill orders, and buyer behavior all but confirms it. According to Gartner, 43% of B2B buyers would prefer not to interact with a sales representative at all, whether in person, on the phone or by email. And per McKinsey, around two-thirds of buyers prefer remote human interaction or digital self-service when buying from or interacting with B2B organizations. The shift to e-commerce hasn't been solely due to necessity — buyers like it, too.\nThe new way of doing business\nBut what does B2B e-commerce look like? Well, just like in-store, consumers would prefer to find things for themselves online. A 2021 Infor survey revealed that 71% of distributors are prioritizing a self-service buying experience for their customers.\n\"If you have a search bar, [online shoppers are] going to try to find their own answers,\" Michael Campbell, digital marketing director of B2B distributor Lee Supply Corp., told Modern Shipper. \"And I know we're talking about the digital world, but if you compare it to the analog world, if you walk into a store, you don't want to be greeted with the, ‘How can I help you?' You want to go try to find it yourself first.\"\nBut as much as consumers want to shop on their own, a part of them wants some guidance from the seller. For a distributor like Lee Supply Corp., one of the biggest challenges of the digital transition has been data collection that would allow for more accurate product information, better consumer insights and customizable product recommendations.\n\"You don't want your customers to have to call the branch to ask questions if we could just provide answers right there on the page,\" Campbell explained.\n\nRelated:\nRead: Back-to-school shopping will never be the same\nRead: A closer look at Maersk's budding e-commerce operations\n\nCampbell's company was one of the many B2B distributors shifting toward e-commerce before the pandemic, but even then, finding ways to collect comprehensive data has been challenging. Lee Supply Corp. opted not to use an outside service for data collection because, as Campbell says, \"when you have hundreds of thousands of SKUs, you're not hitting everything.\" Instead, the company developed its methods internally.\nWith analytic insights, Lee Supply Corp. has been able to track what users are buying and searching for on its e-commerce platform, which has allowed it to recommend the right products to the right buyers. It's also given the company greater visibility over its product information management, meaning better accuracy for product images, descriptions, and specifications. On Lee Supply Corp.'s website, for example, recommendations appear directly beneath the product image — just like Amazon (NASDAQ:AMZN).\nAlongside data analytics, B2B distributors have turned to new tools and technology to make the transition to digital smoother. One such innovation has been platforms like Billtrust, which facilitates online invoices. Another is the bar code scanner, which Campbell says has been one of his company's largest drivers for user adoption.\n\"Whereas your outside salesperson might go into their customer's warehouse and spend three hours going through their stock to place an order to restock their shelves, with a bar code scanner, we print our own bar codes,\" he said.\nThe death of the face-to-face deal\nThere's some bad news for salespeople who are fond of the in-person deals of old. B2B has moved online, and it's likely to stay there. E-commerce is like a drug, and the B2B industry has gotten a taste of it — now, it can't get enough.\n\"That genie is not going back in the bottle,\" Rose said. \"Now it's just going to be more and more and more important, and the industry is talking about it a lot.\"\nThe same demand for ease and convenience that's swept the retail ecosystem has overtaken the B2B space as well. Business people are people too, and many hate the long car rides and tedious marketing calls as much as the next person. According to Rose, it's the \"cornerstone\" that's driving B2B e-commerce, and all that's left to do is use technology to replace the practices of years past.\n\"Now it's a matter of the technology — the product information management systems, the personalization, the recommendations, the optimizing of SEO — and making sure that the suppliers have the right tools to keep on driving adoption of their e-commerce sites.\"\nYou may also like:\nWhat does Walmart's GoLocal service mean for last-mile delivery?\nDrone highways in the sky could be on the horizon\nFood delivery companies in NYC face permanent commission cap\nImage by StartupStockPhotos from Pixabay","news_type":1},"isVote":1,"tweetType":1,"viewCount":112,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":898613112,"gmtCreate":1628491922036,"gmtModify":1703506981709,"author":{"id":"4088552529219160","authorId":"4088552529219160","name":"VigneshM","avatar":"https://static.tigerbbs.com/b3e3c747867c8efbffe4baaf5b82dce6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"O","listText":"O","text":"O","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/898613112","repostId":"2158874414","repostType":4,"repost":{"id":"2158874414","pubTimestamp":1628491429,"share":"https://www.laohu8.com/m/news/2158874414?lang=&edition=full","pubTime":"2021-08-09 14:43","market":"hk","language":"en","title":"Meituan shares rebound on reports China is nearing end of probe","url":"https://stock-news.laohu8.com/highlight/detail?id=2158874414","media":"The Straits Times","summary":"BEIJING (BLOOMBERG) - Meituan shares rallied in Hong Kong Monday (Aug 9) following reports Chinese a","content":"<div>\n<p>BEIJING (BLOOMBERG) - Meituan shares rallied in Hong Kong Monday (Aug 9) following reports Chinese antitrust authorities may be wrapping up a four-month antitrust investigation into the food-delivery ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/meituan-shares-rebound-on-reports-china-is-nearing-end-of-probe\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Meituan shares rebound on reports China is nearing end of probe</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMeituan shares rebound on reports China is nearing end of probe\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-09 14:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/meituan-shares-rebound-on-reports-china-is-nearing-end-of-probe><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>BEIJING (BLOOMBERG) - Meituan shares rallied in Hong Kong Monday (Aug 9) following reports Chinese antitrust authorities may be wrapping up a four-month antitrust investigation into the food-delivery ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/meituan-shares-rebound-on-reports-china-is-nearing-end-of-probe\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"03690":"美团-W"},"source_url":"http://www.straitstimes.com/business/companies-markets/meituan-shares-rebound-on-reports-china-is-nearing-end-of-probe","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2158874414","content_text":"BEIJING (BLOOMBERG) - Meituan shares rallied in Hong Kong Monday (Aug 9) following reports Chinese antitrust authorities may be wrapping up a four-month antitrust investigation into the food-delivery giant.\nThe stock surged nearly 8 per cent in Hong Kong Monday, the most in almost two weeks. Chinese authorities may levy a fine of roughly US$1 billion on billionaire Wang Xing's firm for antitrust abuses and require it to revamp its operations, including putting an end to exclusivity arrangements with merchants known as \"pick one from two,\" Bloomberg News reported Friday.\nSince the anti-monopoly probe was announced in April, Meituan has lost more than US$50 billion from its market valuation as Beijing ramped up a crackdown on its tech champions that spanned internet commerce to data security.\nIn July, authorities ordered online food companies to ensure workers earn at least the local minimum wage, a move seemingly aimed at Meituan, the nation's largest such platform.\nAny changes to Meituan's fee collection structure \"may hurt the company's outlook more than hikes in higher minimum wages and insurance and the indicated US$1 billion fine,\" Bloomberg Intelligence analysts Catherine Lim and Tiffany Tam wrote in a note Friday.\n\"A probable prohibition of exclusive merchant arrangements, which Meituan had abstained from, should not impact the company.\" The fine is roughly in line with market expectations, with Nomura previously estimating a penalty of about US$711 million.\nStill, while the figure is just a fraction of Meituan's revenue, projected to surpass US$6 billion in the June quarter, it could more than double the Internet giant's projected US$790 million quarterly loss.","news_type":1},"isVote":1,"tweetType":1,"viewCount":163,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":893782204,"gmtCreate":1628301017308,"gmtModify":1703504751705,"author":{"id":"4088552529219160","authorId":"4088552529219160","name":"VigneshM","avatar":"https://static.tigerbbs.com/b3e3c747867c8efbffe4baaf5b82dce6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[Miser]&nbsp;","listText":"[Miser]&nbsp;","text":"[Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/893782204","repostId":"1119792130","repostType":4,"repost":{"id":"1119792130","pubTimestamp":1628296709,"share":"https://www.laohu8.com/m/news/1119792130?lang=&edition=full","pubTime":"2021-08-07 08:38","market":"us","language":"en","title":"Wall Street Crime And Punishment: Jordan Belfort, The Boiler Room Wolf","url":"https://stock-news.laohu8.com/highlight/detail?id=1119792130","media":"Benzinga","summary":"Does crime pay?\n“Making money is so easy,” said Jordan Belfort in a 2013 interview withNew Yorkmagaz","content":"<p><i>Does crime pay?</i></p>\n<p>“Making money is so easy,” said&nbsp;<b>Jordan Belfort</b>&nbsp;in a 2013 interview withNew Yorkmagazine. “It really is. It’s not hard to do.”</p>\n<p>Belfort’s breezy pronouncement came as part of the publicity drumming for the release of&nbsp;<b>Martin Scorsese’s</b>&nbsp;film version of Belfort’s autobiography<b>“The Wolf of Wall Street,”</b>which starred&nbsp;<b>Leonardo DiCaprio</b>&nbsp;as Belfort.</p>\n<p>The New York article also featured input from&nbsp;<b>Greg Coleman,</b>the FBI special agent responsible for Belfort’s arrest for fraud and stock market manipulation. From Coleman’s perspective, Belfort wasn't worthy of movie star-level worship.</p>\n<p>“From a moral perspective, he was a reprehensible human being,” Coleman said about Belfort. “Admiration would be the wrong word, but from the perspective of manipulating the market, he’s one of the best there is.”</p>\n<p><b>A Kick In The Teeth:</b>A native of New York City, Belfort was born in 1962 in the Bronx and raised in the Bayside section of Queens. Both of his parents were accountants who stressed the value of education and maturity.</p>\n<p>Belfort received a degree in biology from American University and saw his career path in dentistry. He made money to pursue his dental studies by selling Italian ices on a beach in Queens&nbsp;and enrolled in the University of Maryland School of Dentistry.</p>\n<p>He dropped out after the first day of studies when the dean of the school made the astonishing pronouncement:&nbsp;“The golden age of dentistry is over. If you're here simply because you're looking to make a lot of money, you're in the wrong place.\"</p>\n<p>But what was the right career for making money?</p>\n<p>Belfort returned from his day in dental school and found work as a door-to-door salesman in Long Island, where he sold meat and seafood. He started to grow a business based on this endeavor, but the effort failed to click and he wound up filing for bankruptcy by the time he was 25.</p>\n<p>“I was pretty talented,” he would later recall about this unsuccessful venture. “But the margins were too small.”</p>\n<p>However, a family friend pointed him to a position as a stockbroker broker trainee with the Manhattan-based firm<b>L.F. Rothschild,</b>but he lost that position when the firm experienced financial difficulty after the 1987 stock market crash.</p>\n<p>He took positions with other firms including&nbsp;<b>D.H. Blair</b>&nbsp;and<b>&nbsp;F.D. Roberts Securities and Investors Center</b>&nbsp;—&nbsp;the latter was apenny stockbrokerage shut down in 1989 by the U.S. Securities and Exchange Commission (SEC) one year after Belfort joined its staff.</p>\n<p>Discouraged at working for others in unstable environments, Belfort decided to turn entrepreneur and create his own financial operations,&nbsp;and that’s when the would-be dentist started his career lycanthropy into becoming the&nbsp;<b>Wolf of Wall Street.</b></p>\n<p><b>The Kodak Pitch:</b>In 1989, the 27-year-old Belfort teamed with 23-year-old&nbsp;<b>Kenneth Greene,</b>a fellow Investors Center employee who previously drove one of Belfort’s trucks during his meat selling days.</p>\n<p>The pair opened their own brokerage in a spare office in a Queens car dealership and then arranged to set up a franchise of&nbsp;<b>Stratton Securities,</b>a small broker-dealer operation.</p>\n<p>The duo seemed to strike gold quickly. Within five months of starting their franchise, they accumulated $250,000 and were able to buy Stratton Securities for themselves, renaming it&nbsp;<b>Stratton Oakmont</b>&nbsp;and establishing an operations center in Lake Success, a Long Island town which was best known as the first site of the United Nations headquarters before its Manhattan campus was constructed.</p>\n<p>By 1991, Stratton Oakmont generated $30 million in commissions from a 150-person workforce. Many of his team members were twentysomethings from blue-collar backgrounds eager to make a maximum amount of money in a minimal amount of time.</p>\n<p>Belfort also enjoyed his first brush with fame in 1991 via a profile inForbesthat harshly displayed his virtues and vices. On the plus side, the Forbes coverage offered insight into Belfort’s instruction on teaching his eager young employees the art of cold-calling potential investors.</p>\n<p>Using a technique he dubbed the<b>“Kodak pitch,”</b>Belfort instructed his brokers to begin their telephone spiel with a blue-chip stock such as&nbsp;<b>Eastman Kodak</b>&nbsp;before doing a hard-sell on obscurepenny stocks.</p>\n<p>Belfort also insisted that his brokers refuse to take no for an answer, offering them the mantra<b>“Whip their necks off, don't let ‘em off the phone.”</b></p>\n<p>Belfort’s team took his lessons to heart:&nbsp;Forbes reported they were, on average, earning $85,000 a year.</p>\n<p>Yet Forbes also highlighted Stratton Oakmont’s loosey-goosey approach to ethical operations, noting that the SEC began investigating the brokerage in its first year of operations over questionable sales and trading practices. Indeed, the magazine detailed several examples of pump-and-dump efforts by the Stratton Oakmont team that drove up prices on penny stock shares before selling them at their artificially inflated peak.</p>\n<p>Forbes diplomatically declined to identify Stratton Oakmont as a “boiler room,” but it was obvious what was taking place.</p>\n<p>Noting these antics, along with the SEC’s receipt of customer complaints, Forbes dubbed Belfort as “a kind of twisted Robin Hood who takes from the rich and gives to himself and his merry band of brokers.”&nbsp;Belfort defended his actions, claiming, “We contact high-net-worth investors. I couldn't live with myself if I was calling people who make $50,000 a year, and I'm taking their child's tuition money.”</p>\n<p>Also cited in his media debut was Belfort’s automobile, a&nbsp;<b>$175,000 Ferrari Testarossa.</b>This lavish hedonism was the start of a trend that would shape and then disfigure Belfort’s life.</p>\n<p><b>Ain’t We Got Fun?</b>Besides the SEC, Stratton Oakmont had been under watch by the&nbsp;<b>National Association of Securities Dealers</b>, the forerunner of today’s Financial Industry Regulatory Authority, right after its founding. Yet Stratton Oakmont was not expelled from the NASD until 1996 and Belfort was not indicted for securities fraud until 1999.</p>\n<p>In the years between his Forbes profile and his arrest, Belfort engaged an extravagant form of slow-motion, self-immolation fueled by drug addictions and financed by his pump-and-dump business.</p>\n<p>“I suffered from a disease called ‘more,’ he would lament in retrospect. “No matter how much I had, I wanted more.<b>You don't lose your ethics all at once.</b>It happens very slowly and, almost imperceptibly, you know you're doing things right and one day you step over the line.”</p>\n<p>Well, Belfort certainly went very much over that proverbial line. Financially, he was far ahead of the average American —&nbsp;at the peak of his earning power, he pocketed $50 million per year.</p>\n<p>Belfort’s wealth enabled him to purchase luxury residences and expensive toys that he had a strange habit of destroying, such as&nbsp;a luxury yacht once belonging&nbsp;to&nbsp;iconic designer&nbsp;<b>Coco Chanel</b>&nbsp;which he sank in a storm off the Sardinian coast in 1996;&nbsp;a Mercedes&nbsp;he totaled while driving high on quaaludes; and a helicopter that he somehow crash-landed on the front lawn of one of his mansions.</p>\n<p>The damage he inflicted on his property was mirrored by the insanity&nbsp;his drug habit inflicted on his body. “It was just like coke, coke, coke all day and I was like, ‘Screw you I don't have a problem,’” he would recall, adding, “I was like Al Pacino in ‘Scarface’ with a pile of cocaine. That's what my life had descended to.”</p>\n<p><b>The Inevitable Downfall:</b>Belfort’s luck began to slowly fray by 1994 when he reached an agreement with the SEC that required a lifetime ban from the securities industry. But he circumvented the&nbsp;prohibition by continuing to conduct business through<b>Danny Porush,</b>his right-hand man&nbsp;at Stratton Oakmont.</p>\n<p>Belfort also played fast with the rules in arranging the 1993 initial public offering for childhood friend&nbsp;<b>Steve Madden’s shoe company.</b>Madden would become entangled in Belfort’s schemes, including a deal to secretly buy and sell stock in Stratton deals on behalf of Porush, who was legally limited in trading stocks in those companies, and a secret arrangement to provide Belfort with a majority stake in his company despite the NASD’s severe restrictions on Belfort’s actions.</p>\n<p>Despite evidence of finance chicanery, Belfort’s downfall began with the arrest of his drug dealer, a martial artist named<b>Todd Garrett,</b>who was caught with $200,000 in cash from Belfort and Porush&nbsp;destined to be secretly transported to Switzerland. One year later, a French private banker who worked for a Swiss bank was arrested in Miami as part of a money-laundering scheme. In exchange for a lighter prison sentence, he identified his clients and cited Belfort and Porush.</p>\n<p><b>On Sept.&nbsp;2, 1998, Belfort was arrested for conspiracy to commit money laundering and securities fraud that resulted in 1,513 investors being swindled out of more than $200 million.</b>After a week in custody, Belfort agreed to cut a deal with law enforcement agencies and agreed to wear a wire and record conversations with business associates who were under investigation.</p>\n<p>Belfort’s work as an informant brought dozens of financial professionals and lawyers into prison, but he was not spared from incarceration.&nbsp;Although sentenced to four years in prison in 2003, he only served a 22-month sentence. He was also ordered to pay a $110 million fine.</p>\n<p><b>A Stellar Encore:</b>While serving his prison sentence, Belfort shared a cell with comedian&nbsp;<b>Tommy Chong,</b>who was incarcerated on drug-related charges. Chong encouraged Belfort to write his autobiography. After his release from prison in April 2006, his memoir “The Wolf of Wall Street” was acquired by&nbsp;<b>Random House</b>&nbsp;for $500,000 and became a critically acclaimed best-seller upon its 2007 publication. A second book, “Catching the Wolf of Wall Street,” was published in 2009.</p>\n<p>The film version of “The Wolf of Wall Street” brought Belfort a new degree of pop culture recognition and helped in his post-prison career as&nbsp;<b>a motivational speaker.</b></p>\n<p>These years have not been without controversy. Prosecutors have accused him of failing to compensate the victims of his crimes and pocketing lucrative speaking fees instead of channeling them to his restitution requirements. But the federal government overplayed its hand by accusing him of fleeing to Australia to hide his wealth and avoid paying taxes — Belfort received&nbsp;a public apology for the release of that misinformation.</p>\n<p><b>Belfort filed a $300 million lawsuit against Red Granite,</b>the production company that purchased the film rights to “The Wolf of Wall Street,” after it was exposed that the deal was financed with questionable funds from Malaysia. Belfort insisted he would never have transacted with the company if he was aware of the dirty money that financed its operations.</p>\n<p>Last month, Belfort posted a photo on his Facebook page that found him happily engaged in a poker game on a yacht’s casino table while a half-dozen cuties in bathing suits holding champagne glasses posed behind him. The message that accompanied the photo said,<b>“If you want to be rich, never give up... If you have persistence, you will come out ahead of most people... When you do something, you might fail... Do it differently each time... and one day, you will do it right. Failure is your friend.”</b></p>\n<p>For ex-FBI agent Greg Coleman, Belfort’s phoenix-like rise from the ashes of his own making represented the worst possible conclusion. Coleman&nbsp;considered Belfort’s ability to profit from his swindling and sourly told New York magazine ahead of “The Wolf of Wall Street” film premiere,<b>\"Crime pays.\"</b></p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street Crime And Punishment: Jordan Belfort, The Boiler Room Wolf</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street Crime And Punishment: Jordan Belfort, The Boiler Room Wolf\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-07 08:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/news/21/08/22341233/wall-street-crime-and-punishment-jordan-belfort-the-boiler-room-wolf><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Does crime pay?\n“Making money is so easy,” said Jordan Belfort in a 2013 interview withNew Yorkmagazine. “It really is. It’s not hard to do.”\nBelfort’s breezy pronouncement came as part of the ...</p>\n\n<a href=\"https://www.benzinga.com/news/21/08/22341233/wall-street-crime-and-punishment-jordan-belfort-the-boiler-room-wolf\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/news/21/08/22341233/wall-street-crime-and-punishment-jordan-belfort-the-boiler-room-wolf","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119792130","content_text":"Does crime pay?\n“Making money is so easy,” said Jordan Belfort in a 2013 interview withNew Yorkmagazine. “It really is. It’s not hard to do.”\nBelfort’s breezy pronouncement came as part of the publicity drumming for the release of Martin Scorsese’s film version of Belfort’s autobiography“The Wolf of Wall Street,”which starred Leonardo DiCaprio as Belfort.\nThe New York article also featured input from Greg Coleman,the FBI special agent responsible for Belfort’s arrest for fraud and stock market manipulation. From Coleman’s perspective, Belfort wasn't worthy of movie star-level worship.\n“From a moral perspective, he was a reprehensible human being,” Coleman said about Belfort. “Admiration would be the wrong word, but from the perspective of manipulating the market, he’s one of the best there is.”\nA Kick In The Teeth:A native of New York City, Belfort was born in 1962 in the Bronx and raised in the Bayside section of Queens. Both of his parents were accountants who stressed the value of education and maturity.\nBelfort received a degree in biology from American University and saw his career path in dentistry. He made money to pursue his dental studies by selling Italian ices on a beach in Queens and enrolled in the University of Maryland School of Dentistry.\nHe dropped out after the first day of studies when the dean of the school made the astonishing pronouncement: “The golden age of dentistry is over. If you're here simply because you're looking to make a lot of money, you're in the wrong place.\"\nBut what was the right career for making money?\nBelfort returned from his day in dental school and found work as a door-to-door salesman in Long Island, where he sold meat and seafood. He started to grow a business based on this endeavor, but the effort failed to click and he wound up filing for bankruptcy by the time he was 25.\n“I was pretty talented,” he would later recall about this unsuccessful venture. “But the margins were too small.”\nHowever, a family friend pointed him to a position as a stockbroker broker trainee with the Manhattan-based firmL.F. Rothschild,but he lost that position when the firm experienced financial difficulty after the 1987 stock market crash.\nHe took positions with other firms including D.H. Blair and F.D. Roberts Securities and Investors Center — the latter was apenny stockbrokerage shut down in 1989 by the U.S. Securities and Exchange Commission (SEC) one year after Belfort joined its staff.\nDiscouraged at working for others in unstable environments, Belfort decided to turn entrepreneur and create his own financial operations, and that’s when the would-be dentist started his career lycanthropy into becoming the Wolf of Wall Street.\nThe Kodak Pitch:In 1989, the 27-year-old Belfort teamed with 23-year-old Kenneth Greene,a fellow Investors Center employee who previously drove one of Belfort’s trucks during his meat selling days.\nThe pair opened their own brokerage in a spare office in a Queens car dealership and then arranged to set up a franchise of Stratton Securities,a small broker-dealer operation.\nThe duo seemed to strike gold quickly. Within five months of starting their franchise, they accumulated $250,000 and were able to buy Stratton Securities for themselves, renaming it Stratton Oakmont and establishing an operations center in Lake Success, a Long Island town which was best known as the first site of the United Nations headquarters before its Manhattan campus was constructed.\nBy 1991, Stratton Oakmont generated $30 million in commissions from a 150-person workforce. Many of his team members were twentysomethings from blue-collar backgrounds eager to make a maximum amount of money in a minimal amount of time.\nBelfort also enjoyed his first brush with fame in 1991 via a profile inForbesthat harshly displayed his virtues and vices. On the plus side, the Forbes coverage offered insight into Belfort’s instruction on teaching his eager young employees the art of cold-calling potential investors.\nUsing a technique he dubbed the“Kodak pitch,”Belfort instructed his brokers to begin their telephone spiel with a blue-chip stock such as Eastman Kodak before doing a hard-sell on obscurepenny stocks.\nBelfort also insisted that his brokers refuse to take no for an answer, offering them the mantra“Whip their necks off, don't let ‘em off the phone.”\nBelfort’s team took his lessons to heart: Forbes reported they were, on average, earning $85,000 a year.\nYet Forbes also highlighted Stratton Oakmont’s loosey-goosey approach to ethical operations, noting that the SEC began investigating the brokerage in its first year of operations over questionable sales and trading practices. Indeed, the magazine detailed several examples of pump-and-dump efforts by the Stratton Oakmont team that drove up prices on penny stock shares before selling them at their artificially inflated peak.\nForbes diplomatically declined to identify Stratton Oakmont as a “boiler room,” but it was obvious what was taking place.\nNoting these antics, along with the SEC’s receipt of customer complaints, Forbes dubbed Belfort as “a kind of twisted Robin Hood who takes from the rich and gives to himself and his merry band of brokers.” Belfort defended his actions, claiming, “We contact high-net-worth investors. I couldn't live with myself if I was calling people who make $50,000 a year, and I'm taking their child's tuition money.”\nAlso cited in his media debut was Belfort’s automobile, a $175,000 Ferrari Testarossa.This lavish hedonism was the start of a trend that would shape and then disfigure Belfort’s life.\nAin’t We Got Fun?Besides the SEC, Stratton Oakmont had been under watch by the National Association of Securities Dealers, the forerunner of today’s Financial Industry Regulatory Authority, right after its founding. Yet Stratton Oakmont was not expelled from the NASD until 1996 and Belfort was not indicted for securities fraud until 1999.\nIn the years between his Forbes profile and his arrest, Belfort engaged an extravagant form of slow-motion, self-immolation fueled by drug addictions and financed by his pump-and-dump business.\n“I suffered from a disease called ‘more,’ he would lament in retrospect. “No matter how much I had, I wanted more.You don't lose your ethics all at once.It happens very slowly and, almost imperceptibly, you know you're doing things right and one day you step over the line.”\nWell, Belfort certainly went very much over that proverbial line. Financially, he was far ahead of the average American — at the peak of his earning power, he pocketed $50 million per year.\nBelfort’s wealth enabled him to purchase luxury residences and expensive toys that he had a strange habit of destroying, such as a luxury yacht once belonging to iconic designer Coco Chanel which he sank in a storm off the Sardinian coast in 1996; a Mercedes he totaled while driving high on quaaludes; and a helicopter that he somehow crash-landed on the front lawn of one of his mansions.\nThe damage he inflicted on his property was mirrored by the insanity his drug habit inflicted on his body. “It was just like coke, coke, coke all day and I was like, ‘Screw you I don't have a problem,’” he would recall, adding, “I was like Al Pacino in ‘Scarface’ with a pile of cocaine. That's what my life had descended to.”\nThe Inevitable Downfall:Belfort’s luck began to slowly fray by 1994 when he reached an agreement with the SEC that required a lifetime ban from the securities industry. But he circumvented the prohibition by continuing to conduct business throughDanny Porush,his right-hand man at Stratton Oakmont.\nBelfort also played fast with the rules in arranging the 1993 initial public offering for childhood friend Steve Madden’s shoe company.Madden would become entangled in Belfort’s schemes, including a deal to secretly buy and sell stock in Stratton deals on behalf of Porush, who was legally limited in trading stocks in those companies, and a secret arrangement to provide Belfort with a majority stake in his company despite the NASD’s severe restrictions on Belfort’s actions.\nDespite evidence of finance chicanery, Belfort’s downfall began with the arrest of his drug dealer, a martial artist namedTodd Garrett,who was caught with $200,000 in cash from Belfort and Porush destined to be secretly transported to Switzerland. One year later, a French private banker who worked for a Swiss bank was arrested in Miami as part of a money-laundering scheme. In exchange for a lighter prison sentence, he identified his clients and cited Belfort and Porush.\nOn Sept. 2, 1998, Belfort was arrested for conspiracy to commit money laundering and securities fraud that resulted in 1,513 investors being swindled out of more than $200 million.After a week in custody, Belfort agreed to cut a deal with law enforcement agencies and agreed to wear a wire and record conversations with business associates who were under investigation.\nBelfort’s work as an informant brought dozens of financial professionals and lawyers into prison, but he was not spared from incarceration. Although sentenced to four years in prison in 2003, he only served a 22-month sentence. He was also ordered to pay a $110 million fine.\nA Stellar Encore:While serving his prison sentence, Belfort shared a cell with comedian Tommy Chong,who was incarcerated on drug-related charges. Chong encouraged Belfort to write his autobiography. After his release from prison in April 2006, his memoir “The Wolf of Wall Street” was acquired by Random House for $500,000 and became a critically acclaimed best-seller upon its 2007 publication. A second book, “Catching the Wolf of Wall Street,” was published in 2009.\nThe film version of “The Wolf of Wall Street” brought Belfort a new degree of pop culture recognition and helped in his post-prison career as a motivational speaker.\nThese years have not been without controversy. Prosecutors have accused him of failing to compensate the victims of his crimes and pocketing lucrative speaking fees instead of channeling them to his restitution requirements. But the federal government overplayed its hand by accusing him of fleeing to Australia to hide his wealth and avoid paying taxes — Belfort received a public apology for the release of that misinformation.\nBelfort filed a $300 million lawsuit against Red Granite,the production company that purchased the film rights to “The Wolf of Wall Street,” after it was exposed that the deal was financed with questionable funds from Malaysia. Belfort insisted he would never have transacted with the company if he was aware of the dirty money that financed its operations.\nLast month, Belfort posted a photo on his Facebook page that found him happily engaged in a poker game on a yacht’s casino table while a half-dozen cuties in bathing suits holding champagne glasses posed behind him. The message that accompanied the photo said,“If you want to be rich, never give up... If you have persistence, you will come out ahead of most people... When you do something, you might fail... Do it differently each time... and one day, you will do it right. Failure is your friend.”\nFor ex-FBI agent Greg Coleman, Belfort’s phoenix-like rise from the ashes of his own making represented the worst possible conclusion. Coleman considered Belfort’s ability to profit from his swindling and sourly told New York magazine ahead of “The Wolf of Wall Street” film premiere,\"Crime pays.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":44,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":893783884,"gmtCreate":1628300740848,"gmtModify":1703504745273,"author":{"id":"4088552529219160","authorId":"4088552529219160","name":"VigneshM","avatar":"https://static.tigerbbs.com/b3e3c747867c8efbffe4baaf5b82dce6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/KLIC\">$Kulicke &amp; Soffa(KLIC)$</a>[Miser]&nbsp;","listText":"<a href=\"https://laohu8.com/S/KLIC\">$Kulicke &amp; Soffa(KLIC)$</a>[Miser]&nbsp;","text":"$Kulicke & Soffa(KLIC)$[Miser]","images":[{"img":"https://static.tigerbbs.com/8f1fce9e848b8a5ebfd52bd72a7e3956","width":"828","height":"1590"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/893783884","isVote":1,"tweetType":1,"viewCount":148,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3583583162782511","authorId":"3583583162782511","name":"ECA","avatar":"https://static.tigerbbs.com/718eae234a49daca134efd37f092acb0","crmLevel":2,"crmLevelSwitch":0},"content":"I should have waited and not sold when it dropped","text":"I should have waited and not sold when it dropped","html":"I should have waited and not sold when it dropped"}],"imageCount":1,"langContent":"EN","totalScore":0}],"hots":[{"id":887919867,"gmtCreate":1631956299059,"gmtModify":1676530678066,"author":{"id":"4088552529219160","authorId":"4088552529219160","name":"VigneshM","avatar":"https://static.tigerbbs.com/b3e3c747867c8efbffe4baaf5b82dce6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/KLIC\">$Kulicke &amp; Soffa(KLIC)$</a>Not a bad choice……","listText":"<a href=\"https://laohu8.com/S/KLIC\">$Kulicke &amp; Soffa(KLIC)$</a>Not a bad choice……","text":"$Kulicke & Soffa(KLIC)$Not a bad choice……","images":[{"img":"https://static.tigerbbs.com/ca4a5179984dce3def55a78232585f7f","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":6,"repostSize":0,"link":"https://ttm.financial/post/887919867","isVote":1,"tweetType":1,"viewCount":449,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":893782204,"gmtCreate":1628301017308,"gmtModify":1703504751705,"author":{"id":"4088552529219160","authorId":"4088552529219160","name":"VigneshM","avatar":"https://static.tigerbbs.com/b3e3c747867c8efbffe4baaf5b82dce6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[Miser]&nbsp;","listText":"[Miser]&nbsp;","text":"[Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/893782204","repostId":"1119792130","repostType":4,"repost":{"id":"1119792130","pubTimestamp":1628296709,"share":"https://www.laohu8.com/m/news/1119792130?lang=&edition=full","pubTime":"2021-08-07 08:38","market":"us","language":"en","title":"Wall Street Crime And Punishment: Jordan Belfort, The Boiler Room Wolf","url":"https://stock-news.laohu8.com/highlight/detail?id=1119792130","media":"Benzinga","summary":"Does crime pay?\n“Making money is so easy,” said Jordan Belfort in a 2013 interview withNew Yorkmagaz","content":"<p><i>Does crime pay?</i></p>\n<p>“Making money is so easy,” said&nbsp;<b>Jordan Belfort</b>&nbsp;in a 2013 interview withNew Yorkmagazine. “It really is. It’s not hard to do.”</p>\n<p>Belfort’s breezy pronouncement came as part of the publicity drumming for the release of&nbsp;<b>Martin Scorsese’s</b>&nbsp;film version of Belfort’s autobiography<b>“The Wolf of Wall Street,”</b>which starred&nbsp;<b>Leonardo DiCaprio</b>&nbsp;as Belfort.</p>\n<p>The New York article also featured input from&nbsp;<b>Greg Coleman,</b>the FBI special agent responsible for Belfort’s arrest for fraud and stock market manipulation. From Coleman’s perspective, Belfort wasn't worthy of movie star-level worship.</p>\n<p>“From a moral perspective, he was a reprehensible human being,” Coleman said about Belfort. “Admiration would be the wrong word, but from the perspective of manipulating the market, he’s one of the best there is.”</p>\n<p><b>A Kick In The Teeth:</b>A native of New York City, Belfort was born in 1962 in the Bronx and raised in the Bayside section of Queens. Both of his parents were accountants who stressed the value of education and maturity.</p>\n<p>Belfort received a degree in biology from American University and saw his career path in dentistry. He made money to pursue his dental studies by selling Italian ices on a beach in Queens&nbsp;and enrolled in the University of Maryland School of Dentistry.</p>\n<p>He dropped out after the first day of studies when the dean of the school made the astonishing pronouncement:&nbsp;“The golden age of dentistry is over. If you're here simply because you're looking to make a lot of money, you're in the wrong place.\"</p>\n<p>But what was the right career for making money?</p>\n<p>Belfort returned from his day in dental school and found work as a door-to-door salesman in Long Island, where he sold meat and seafood. He started to grow a business based on this endeavor, but the effort failed to click and he wound up filing for bankruptcy by the time he was 25.</p>\n<p>“I was pretty talented,” he would later recall about this unsuccessful venture. “But the margins were too small.”</p>\n<p>However, a family friend pointed him to a position as a stockbroker broker trainee with the Manhattan-based firm<b>L.F. Rothschild,</b>but he lost that position when the firm experienced financial difficulty after the 1987 stock market crash.</p>\n<p>He took positions with other firms including&nbsp;<b>D.H. Blair</b>&nbsp;and<b>&nbsp;F.D. Roberts Securities and Investors Center</b>&nbsp;—&nbsp;the latter was apenny stockbrokerage shut down in 1989 by the U.S. Securities and Exchange Commission (SEC) one year after Belfort joined its staff.</p>\n<p>Discouraged at working for others in unstable environments, Belfort decided to turn entrepreneur and create his own financial operations,&nbsp;and that’s when the would-be dentist started his career lycanthropy into becoming the&nbsp;<b>Wolf of Wall Street.</b></p>\n<p><b>The Kodak Pitch:</b>In 1989, the 27-year-old Belfort teamed with 23-year-old&nbsp;<b>Kenneth Greene,</b>a fellow Investors Center employee who previously drove one of Belfort’s trucks during his meat selling days.</p>\n<p>The pair opened their own brokerage in a spare office in a Queens car dealership and then arranged to set up a franchise of&nbsp;<b>Stratton Securities,</b>a small broker-dealer operation.</p>\n<p>The duo seemed to strike gold quickly. Within five months of starting their franchise, they accumulated $250,000 and were able to buy Stratton Securities for themselves, renaming it&nbsp;<b>Stratton Oakmont</b>&nbsp;and establishing an operations center in Lake Success, a Long Island town which was best known as the first site of the United Nations headquarters before its Manhattan campus was constructed.</p>\n<p>By 1991, Stratton Oakmont generated $30 million in commissions from a 150-person workforce. Many of his team members were twentysomethings from blue-collar backgrounds eager to make a maximum amount of money in a minimal amount of time.</p>\n<p>Belfort also enjoyed his first brush with fame in 1991 via a profile inForbesthat harshly displayed his virtues and vices. On the plus side, the Forbes coverage offered insight into Belfort’s instruction on teaching his eager young employees the art of cold-calling potential investors.</p>\n<p>Using a technique he dubbed the<b>“Kodak pitch,”</b>Belfort instructed his brokers to begin their telephone spiel with a blue-chip stock such as&nbsp;<b>Eastman Kodak</b>&nbsp;before doing a hard-sell on obscurepenny stocks.</p>\n<p>Belfort also insisted that his brokers refuse to take no for an answer, offering them the mantra<b>“Whip their necks off, don't let ‘em off the phone.”</b></p>\n<p>Belfort’s team took his lessons to heart:&nbsp;Forbes reported they were, on average, earning $85,000 a year.</p>\n<p>Yet Forbes also highlighted Stratton Oakmont’s loosey-goosey approach to ethical operations, noting that the SEC began investigating the brokerage in its first year of operations over questionable sales and trading practices. Indeed, the magazine detailed several examples of pump-and-dump efforts by the Stratton Oakmont team that drove up prices on penny stock shares before selling them at their artificially inflated peak.</p>\n<p>Forbes diplomatically declined to identify Stratton Oakmont as a “boiler room,” but it was obvious what was taking place.</p>\n<p>Noting these antics, along with the SEC’s receipt of customer complaints, Forbes dubbed Belfort as “a kind of twisted Robin Hood who takes from the rich and gives to himself and his merry band of brokers.”&nbsp;Belfort defended his actions, claiming, “We contact high-net-worth investors. I couldn't live with myself if I was calling people who make $50,000 a year, and I'm taking their child's tuition money.”</p>\n<p>Also cited in his media debut was Belfort’s automobile, a&nbsp;<b>$175,000 Ferrari Testarossa.</b>This lavish hedonism was the start of a trend that would shape and then disfigure Belfort’s life.</p>\n<p><b>Ain’t We Got Fun?</b>Besides the SEC, Stratton Oakmont had been under watch by the&nbsp;<b>National Association of Securities Dealers</b>, the forerunner of today’s Financial Industry Regulatory Authority, right after its founding. Yet Stratton Oakmont was not expelled from the NASD until 1996 and Belfort was not indicted for securities fraud until 1999.</p>\n<p>In the years between his Forbes profile and his arrest, Belfort engaged an extravagant form of slow-motion, self-immolation fueled by drug addictions and financed by his pump-and-dump business.</p>\n<p>“I suffered from a disease called ‘more,’ he would lament in retrospect. “No matter how much I had, I wanted more.<b>You don't lose your ethics all at once.</b>It happens very slowly and, almost imperceptibly, you know you're doing things right and one day you step over the line.”</p>\n<p>Well, Belfort certainly went very much over that proverbial line. Financially, he was far ahead of the average American —&nbsp;at the peak of his earning power, he pocketed $50 million per year.</p>\n<p>Belfort’s wealth enabled him to purchase luxury residences and expensive toys that he had a strange habit of destroying, such as&nbsp;a luxury yacht once belonging&nbsp;to&nbsp;iconic designer&nbsp;<b>Coco Chanel</b>&nbsp;which he sank in a storm off the Sardinian coast in 1996;&nbsp;a Mercedes&nbsp;he totaled while driving high on quaaludes; and a helicopter that he somehow crash-landed on the front lawn of one of his mansions.</p>\n<p>The damage he inflicted on his property was mirrored by the insanity&nbsp;his drug habit inflicted on his body. “It was just like coke, coke, coke all day and I was like, ‘Screw you I don't have a problem,’” he would recall, adding, “I was like Al Pacino in ‘Scarface’ with a pile of cocaine. That's what my life had descended to.”</p>\n<p><b>The Inevitable Downfall:</b>Belfort’s luck began to slowly fray by 1994 when he reached an agreement with the SEC that required a lifetime ban from the securities industry. But he circumvented the&nbsp;prohibition by continuing to conduct business through<b>Danny Porush,</b>his right-hand man&nbsp;at Stratton Oakmont.</p>\n<p>Belfort also played fast with the rules in arranging the 1993 initial public offering for childhood friend&nbsp;<b>Steve Madden’s shoe company.</b>Madden would become entangled in Belfort’s schemes, including a deal to secretly buy and sell stock in Stratton deals on behalf of Porush, who was legally limited in trading stocks in those companies, and a secret arrangement to provide Belfort with a majority stake in his company despite the NASD’s severe restrictions on Belfort’s actions.</p>\n<p>Despite evidence of finance chicanery, Belfort’s downfall began with the arrest of his drug dealer, a martial artist named<b>Todd Garrett,</b>who was caught with $200,000 in cash from Belfort and Porush&nbsp;destined to be secretly transported to Switzerland. One year later, a French private banker who worked for a Swiss bank was arrested in Miami as part of a money-laundering scheme. In exchange for a lighter prison sentence, he identified his clients and cited Belfort and Porush.</p>\n<p><b>On Sept.&nbsp;2, 1998, Belfort was arrested for conspiracy to commit money laundering and securities fraud that resulted in 1,513 investors being swindled out of more than $200 million.</b>After a week in custody, Belfort agreed to cut a deal with law enforcement agencies and agreed to wear a wire and record conversations with business associates who were under investigation.</p>\n<p>Belfort’s work as an informant brought dozens of financial professionals and lawyers into prison, but he was not spared from incarceration.&nbsp;Although sentenced to four years in prison in 2003, he only served a 22-month sentence. He was also ordered to pay a $110 million fine.</p>\n<p><b>A Stellar Encore:</b>While serving his prison sentence, Belfort shared a cell with comedian&nbsp;<b>Tommy Chong,</b>who was incarcerated on drug-related charges. Chong encouraged Belfort to write his autobiography. After his release from prison in April 2006, his memoir “The Wolf of Wall Street” was acquired by&nbsp;<b>Random House</b>&nbsp;for $500,000 and became a critically acclaimed best-seller upon its 2007 publication. A second book, “Catching the Wolf of Wall Street,” was published in 2009.</p>\n<p>The film version of “The Wolf of Wall Street” brought Belfort a new degree of pop culture recognition and helped in his post-prison career as&nbsp;<b>a motivational speaker.</b></p>\n<p>These years have not been without controversy. Prosecutors have accused him of failing to compensate the victims of his crimes and pocketing lucrative speaking fees instead of channeling them to his restitution requirements. But the federal government overplayed its hand by accusing him of fleeing to Australia to hide his wealth and avoid paying taxes — Belfort received&nbsp;a public apology for the release of that misinformation.</p>\n<p><b>Belfort filed a $300 million lawsuit against Red Granite,</b>the production company that purchased the film rights to “The Wolf of Wall Street,” after it was exposed that the deal was financed with questionable funds from Malaysia. Belfort insisted he would never have transacted with the company if he was aware of the dirty money that financed its operations.</p>\n<p>Last month, Belfort posted a photo on his Facebook page that found him happily engaged in a poker game on a yacht’s casino table while a half-dozen cuties in bathing suits holding champagne glasses posed behind him. The message that accompanied the photo said,<b>“If you want to be rich, never give up... If you have persistence, you will come out ahead of most people... When you do something, you might fail... Do it differently each time... and one day, you will do it right. Failure is your friend.”</b></p>\n<p>For ex-FBI agent Greg Coleman, Belfort’s phoenix-like rise from the ashes of his own making represented the worst possible conclusion. Coleman&nbsp;considered Belfort’s ability to profit from his swindling and sourly told New York magazine ahead of “The Wolf of Wall Street” film premiere,<b>\"Crime pays.\"</b></p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street Crime And Punishment: Jordan Belfort, The Boiler Room Wolf</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street Crime And Punishment: Jordan Belfort, The Boiler Room Wolf\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-07 08:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/news/21/08/22341233/wall-street-crime-and-punishment-jordan-belfort-the-boiler-room-wolf><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Does crime pay?\n“Making money is so easy,” said Jordan Belfort in a 2013 interview withNew Yorkmagazine. “It really is. It’s not hard to do.”\nBelfort’s breezy pronouncement came as part of the ...</p>\n\n<a href=\"https://www.benzinga.com/news/21/08/22341233/wall-street-crime-and-punishment-jordan-belfort-the-boiler-room-wolf\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/news/21/08/22341233/wall-street-crime-and-punishment-jordan-belfort-the-boiler-room-wolf","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119792130","content_text":"Does crime pay?\n“Making money is so easy,” said Jordan Belfort in a 2013 interview withNew Yorkmagazine. “It really is. It’s not hard to do.”\nBelfort’s breezy pronouncement came as part of the publicity drumming for the release of Martin Scorsese’s film version of Belfort’s autobiography“The Wolf of Wall Street,”which starred Leonardo DiCaprio as Belfort.\nThe New York article also featured input from Greg Coleman,the FBI special agent responsible for Belfort’s arrest for fraud and stock market manipulation. From Coleman’s perspective, Belfort wasn't worthy of movie star-level worship.\n“From a moral perspective, he was a reprehensible human being,” Coleman said about Belfort. “Admiration would be the wrong word, but from the perspective of manipulating the market, he’s one of the best there is.”\nA Kick In The Teeth:A native of New York City, Belfort was born in 1962 in the Bronx and raised in the Bayside section of Queens. Both of his parents were accountants who stressed the value of education and maturity.\nBelfort received a degree in biology from American University and saw his career path in dentistry. He made money to pursue his dental studies by selling Italian ices on a beach in Queens and enrolled in the University of Maryland School of Dentistry.\nHe dropped out after the first day of studies when the dean of the school made the astonishing pronouncement: “The golden age of dentistry is over. If you're here simply because you're looking to make a lot of money, you're in the wrong place.\"\nBut what was the right career for making money?\nBelfort returned from his day in dental school and found work as a door-to-door salesman in Long Island, where he sold meat and seafood. He started to grow a business based on this endeavor, but the effort failed to click and he wound up filing for bankruptcy by the time he was 25.\n“I was pretty talented,” he would later recall about this unsuccessful venture. “But the margins were too small.”\nHowever, a family friend pointed him to a position as a stockbroker broker trainee with the Manhattan-based firmL.F. Rothschild,but he lost that position when the firm experienced financial difficulty after the 1987 stock market crash.\nHe took positions with other firms including D.H. Blair and F.D. Roberts Securities and Investors Center — the latter was apenny stockbrokerage shut down in 1989 by the U.S. Securities and Exchange Commission (SEC) one year after Belfort joined its staff.\nDiscouraged at working for others in unstable environments, Belfort decided to turn entrepreneur and create his own financial operations, and that’s when the would-be dentist started his career lycanthropy into becoming the Wolf of Wall Street.\nThe Kodak Pitch:In 1989, the 27-year-old Belfort teamed with 23-year-old Kenneth Greene,a fellow Investors Center employee who previously drove one of Belfort’s trucks during his meat selling days.\nThe pair opened their own brokerage in a spare office in a Queens car dealership and then arranged to set up a franchise of Stratton Securities,a small broker-dealer operation.\nThe duo seemed to strike gold quickly. Within five months of starting their franchise, they accumulated $250,000 and were able to buy Stratton Securities for themselves, renaming it Stratton Oakmont and establishing an operations center in Lake Success, a Long Island town which was best known as the first site of the United Nations headquarters before its Manhattan campus was constructed.\nBy 1991, Stratton Oakmont generated $30 million in commissions from a 150-person workforce. Many of his team members were twentysomethings from blue-collar backgrounds eager to make a maximum amount of money in a minimal amount of time.\nBelfort also enjoyed his first brush with fame in 1991 via a profile inForbesthat harshly displayed his virtues and vices. On the plus side, the Forbes coverage offered insight into Belfort’s instruction on teaching his eager young employees the art of cold-calling potential investors.\nUsing a technique he dubbed the“Kodak pitch,”Belfort instructed his brokers to begin their telephone spiel with a blue-chip stock such as Eastman Kodak before doing a hard-sell on obscurepenny stocks.\nBelfort also insisted that his brokers refuse to take no for an answer, offering them the mantra“Whip their necks off, don't let ‘em off the phone.”\nBelfort’s team took his lessons to heart: Forbes reported they were, on average, earning $85,000 a year.\nYet Forbes also highlighted Stratton Oakmont’s loosey-goosey approach to ethical operations, noting that the SEC began investigating the brokerage in its first year of operations over questionable sales and trading practices. Indeed, the magazine detailed several examples of pump-and-dump efforts by the Stratton Oakmont team that drove up prices on penny stock shares before selling them at their artificially inflated peak.\nForbes diplomatically declined to identify Stratton Oakmont as a “boiler room,” but it was obvious what was taking place.\nNoting these antics, along with the SEC’s receipt of customer complaints, Forbes dubbed Belfort as “a kind of twisted Robin Hood who takes from the rich and gives to himself and his merry band of brokers.” Belfort defended his actions, claiming, “We contact high-net-worth investors. I couldn't live with myself if I was calling people who make $50,000 a year, and I'm taking their child's tuition money.”\nAlso cited in his media debut was Belfort’s automobile, a $175,000 Ferrari Testarossa.This lavish hedonism was the start of a trend that would shape and then disfigure Belfort’s life.\nAin’t We Got Fun?Besides the SEC, Stratton Oakmont had been under watch by the National Association of Securities Dealers, the forerunner of today’s Financial Industry Regulatory Authority, right after its founding. Yet Stratton Oakmont was not expelled from the NASD until 1996 and Belfort was not indicted for securities fraud until 1999.\nIn the years between his Forbes profile and his arrest, Belfort engaged an extravagant form of slow-motion, self-immolation fueled by drug addictions and financed by his pump-and-dump business.\n“I suffered from a disease called ‘more,’ he would lament in retrospect. “No matter how much I had, I wanted more.You don't lose your ethics all at once.It happens very slowly and, almost imperceptibly, you know you're doing things right and one day you step over the line.”\nWell, Belfort certainly went very much over that proverbial line. Financially, he was far ahead of the average American — at the peak of his earning power, he pocketed $50 million per year.\nBelfort’s wealth enabled him to purchase luxury residences and expensive toys that he had a strange habit of destroying, such as a luxury yacht once belonging to iconic designer Coco Chanel which he sank in a storm off the Sardinian coast in 1996; a Mercedes he totaled while driving high on quaaludes; and a helicopter that he somehow crash-landed on the front lawn of one of his mansions.\nThe damage he inflicted on his property was mirrored by the insanity his drug habit inflicted on his body. “It was just like coke, coke, coke all day and I was like, ‘Screw you I don't have a problem,’” he would recall, adding, “I was like Al Pacino in ‘Scarface’ with a pile of cocaine. That's what my life had descended to.”\nThe Inevitable Downfall:Belfort’s luck began to slowly fray by 1994 when he reached an agreement with the SEC that required a lifetime ban from the securities industry. But he circumvented the prohibition by continuing to conduct business throughDanny Porush,his right-hand man at Stratton Oakmont.\nBelfort also played fast with the rules in arranging the 1993 initial public offering for childhood friend Steve Madden’s shoe company.Madden would become entangled in Belfort’s schemes, including a deal to secretly buy and sell stock in Stratton deals on behalf of Porush, who was legally limited in trading stocks in those companies, and a secret arrangement to provide Belfort with a majority stake in his company despite the NASD’s severe restrictions on Belfort’s actions.\nDespite evidence of finance chicanery, Belfort’s downfall began with the arrest of his drug dealer, a martial artist namedTodd Garrett,who was caught with $200,000 in cash from Belfort and Porush destined to be secretly transported to Switzerland. One year later, a French private banker who worked for a Swiss bank was arrested in Miami as part of a money-laundering scheme. In exchange for a lighter prison sentence, he identified his clients and cited Belfort and Porush.\nOn Sept. 2, 1998, Belfort was arrested for conspiracy to commit money laundering and securities fraud that resulted in 1,513 investors being swindled out of more than $200 million.After a week in custody, Belfort agreed to cut a deal with law enforcement agencies and agreed to wear a wire and record conversations with business associates who were under investigation.\nBelfort’s work as an informant brought dozens of financial professionals and lawyers into prison, but he was not spared from incarceration. Although sentenced to four years in prison in 2003, he only served a 22-month sentence. He was also ordered to pay a $110 million fine.\nA Stellar Encore:While serving his prison sentence, Belfort shared a cell with comedian Tommy Chong,who was incarcerated on drug-related charges. Chong encouraged Belfort to write his autobiography. After his release from prison in April 2006, his memoir “The Wolf of Wall Street” was acquired by Random House for $500,000 and became a critically acclaimed best-seller upon its 2007 publication. A second book, “Catching the Wolf of Wall Street,” was published in 2009.\nThe film version of “The Wolf of Wall Street” brought Belfort a new degree of pop culture recognition and helped in his post-prison career as a motivational speaker.\nThese years have not been without controversy. Prosecutors have accused him of failing to compensate the victims of his crimes and pocketing lucrative speaking fees instead of channeling them to his restitution requirements. But the federal government overplayed its hand by accusing him of fleeing to Australia to hide his wealth and avoid paying taxes — Belfort received a public apology for the release of that misinformation.\nBelfort filed a $300 million lawsuit against Red Granite,the production company that purchased the film rights to “The Wolf of Wall Street,” after it was exposed that the deal was financed with questionable funds from Malaysia. Belfort insisted he would never have transacted with the company if he was aware of the dirty money that financed its operations.\nLast month, Belfort posted a photo on his Facebook page that found him happily engaged in a poker game on a yacht’s casino table while a half-dozen cuties in bathing suits holding champagne glasses posed behind him. The message that accompanied the photo said,“If you want to be rich, never give up... If you have persistence, you will come out ahead of most people... When you do something, you might fail... Do it differently each time... and one day, you will do it right. Failure is your friend.”\nFor ex-FBI agent Greg Coleman, Belfort’s phoenix-like rise from the ashes of his own making represented the worst possible conclusion. Coleman considered Belfort’s ability to profit from his swindling and sourly told New York magazine ahead of “The Wolf of Wall Street” film premiere,\"Crime pays.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":44,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":814012705,"gmtCreate":1630727195307,"gmtModify":1676530386171,"author":{"id":"4088552529219160","authorId":"4088552529219160","name":"VigneshM","avatar":"https://static.tigerbbs.com/b3e3c747867c8efbffe4baaf5b82dce6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/814012705","repostId":"2164030578","repostType":2,"repost":{"id":"2164030578","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1630707900,"share":"https://www.laohu8.com/m/news/2164030578?lang=&edition=full","pubTime":"2021-09-04 06:25","market":"hk","language":"en","title":"'They've been silent' Many companies are on the sidelines about the new Texas abortion law -- will they stay there?","url":"https://stock-news.laohu8.com/highlight/detail?id=2164030578","media":"Dow Jones","summary":"MW 'They've been silent' Many companies are on the sidelines about the new Texas abortion law -- wil","content":"<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW 'They've been silent' Many companies are on the sidelines about the new Texas abortion law -- will they stay there?\n</p>\n<p>\n  By Andrew Keshner \n</p>\n<p>\n  Lyft and Uber said Friday they would cover legal costs for any drivers sued under S.B. 8, the Texas law that allows people to sue anyone who 'aids or abets' an abortion. \n</p>\n<p>\n  Texas' new abortion law has touched off a wave of criticism, including from President Joe Biden, scathing dissents from the U.S. Supreme Court's liberal wing and protests outside the Texas statehouse -- but so far the reaction from most of corporate America has been muted, if anything. \n</p>\n<p>\n  More than a year ago, George Floyd's murder sparked widespread company denunciations against police brutality and an outpouring of money earmarked to address racial inequity. \n</p>\n<p>\n  Months ago, Georgia's new voting laws prompted corporate criticism, even the relocation of baseball's All-Star Game In 2016, companies lined up to take a stance against the North Carolina law requiring people to use the public restroom matching their gender at birth. \n</p>\n<p>\n  Some big name companies have weighed in abortion laws recently. In 2019, Netflix <a href=\"https://laohu8.com/S/NFLX\">$(NFLX)$</a> and Disney <a href=\"https://laohu8.com/S/DIS\">$(DIS)$</a> both said they'd have to rethink filming and doing business in Georgia if a certain abortion law went into effect. Like the Texas law, the Georgia statute prohibited abortions following a \"detectable human heart beat.\" \n</p>\n<p>\n  Last year, a federal judge struck down the law Netflix and Disney did not immediately respond to a request for comment on the Texas law. \n</p>\n<p>\n  Now comes enactment of S.B. 8, a law that bans abortions in Texas at roughly the six-week mark and empowers private citizens to sue providers and people who \"aid and abet\" an abortion. That could even include anyone driving a woman to a clinic. \n</p>\n<p>\n  Some critics of the law say they're still waiting to hear what companies think of S.B.8 -- which also happens to be taking effect in a large, business-friendly and low-tax state. \n</p>\n<p>\n  \"Corporate America hasn't really responded. They've been silent,\" said Aimee Arrambide, executive director of Avow, an Austin-based advocacy group pressing to expand abortion access in the state. \n</p>\n<p>\n  To be sure, a handful of companies have made it clear where they stand.Lyft <a href=\"https://laohu8.com/S/LYFT\">$(LYFT)$</a> CEO Logan Green announced Friday that the rideshare platform would completely cover the legal bill of drivers who are sued under the law. The company also announced a $1 million donation to Planned Parenthood. \"We encourage other companies to join us,\" he said on <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> (TWTR). \n</p>\n<p>\n  Dara Khosrowshahi, Uber's CEO,  said in a tweet that Uber is \"in too and will cover legal fees in the same way. Thanks for the push.\" \n</p>\n<p>\n  The dating site Bumble, based in Austin, Texas, announced Thursday it was setting up a relief fund \"supporting the reproductive rights of women and people across the gender spectrum who seek abortions in Texas.\" \n</p>\n<p>\n  On Wednesday night, Shar Dubey, the CEO of Match Group <a href=\"https://laohu8.com/S/MTCH\">$(MTCH)$</a> in Dallas sent a company memo saying she was setting up a fund to cover costs for out-of-state abortion. She noted she was speaking personally, and not on behalf of the company. \n</p>\n<p>\n  They've been the exceptions. \n</p>\n<p>\n  For example, Elon Musk, CEO of Tesla <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a>, said on Twitter he \"would prefer to stay out of politics\" Tesla has picked Austin as the site of its next \"gigafactory\" location. \n</p>\n<p>\n  Oracle <a href=\"https://laohu8.com/S/ORCL\">$(ORCL)$</a> , which moved its headquarters from Silicon Valley to Austin, did not immediately respond to a request for comment. Neither did Dell Technologies, which is based in Round Rock, and other large companies with Texas headquarters including Exxon Mobil <a href=\"https://laohu8.com/S/XOM\">$(XOM)$</a>, AT&amp;T <a href=\"https://laohu8.com/S/T\">$(T)$</a> and McKesson <a href=\"https://laohu8.com/S/MCK\">$(MCK)$</a>. American Airlines <a href=\"https://laohu8.com/S/AAL\">$(AAL)$</a> had no comment, according to a spokeswoman. \n</p>\n<p>\n  Hewlett Packard Enterprise <a href=\"https://laohu8.com/S/HPE\">$(HPE)$</a> announced late last year it was moving to Houston. \"As a global company of 60,000 team members, HPE encourages our team members to engage in the political process where they live and work and make their voices heard through advocacy and at the voting booth,\" a spokesman told MarketWatch, noting the company's headquarters remain in Houston. \n</p>\n<p>\n  For Arrambide, the overall silence goes deeper than companies avoiding hot button issues. \"There's still so much stigma, that they don't want to talk about it. They shy away from it under the guise of it being too political,\" Arrambide said. \n</p>\n<p>\n  For Jen Stark, however, the relative quiet might be a sign of companies thinking about strategy. \"The silence so far doesn't necessarily give me pause. Folks are in consideration,\" said Stark, who is the senior director, corporate strategy at Tara Health Foundation and the former director of corporate relations at Planned Parenthood Federation of America. \n</p>\n<p>\n  Stark said she is talking with large, publicly-traded companies right now that are figuring out what to say and what to do in reaction to the new Texas law. \"It's a really unique moment,\" Stark said. \"I think they are scrambling to catch up.\" \n</p>\n<p>\n  That brings up a larger question: Should companies weigh in on matters that might fall outside their immediate business goals and corporate mission, even if workers have a growing expectation they'll speak up? One recent survey of 3,000 employees by the consulting firm Gartner found that 75% \"expect their employer to take a stance on current societal or cultural issues, even if those issues have nothing to do with their employer.\" \n</p>\n<p>\n  James Copland, senior fellow at the right-leaning <a href=\"https://laohu8.com/S/MHC.AU\">Manhattan</a> Institute, doesn't think so. Companies need to have the ability to speak out on laws and regulations that affect them and they have every right to join trade groups and associations to further their interests -- and the interests of their shareholders. \n</p>\n<p>\n  That's where it should stop, he said. \n</p>\n<p>\n  \"In general, corporations aren't playthings for chief executives to play politics with shareholder money. ... I think they shouldn't be at the forefront of cultural wars,\" Copland said. For the biggest of companies, \"I think most executives and boards will want to stay out of this <a href=\"https://laohu8.com/S/AONE.U\">one</a>.\" \n</p>\n<p>\n  Stark noted that companies may be moved to speak against restrictive abortion laws when the matter is couched as a workforce issue. \n</p>\n<p>\n  <a href=\"https://laohu8.com/S/TWOA.U\">Two</a>-thirds of people say the new Texas law would discourage them from working in the Lone Star State, according to an approximate 1,800-person poll commissioned by the Tara Health Foundation \n</p>\n<p>\n  But Texas Gov. Greg Abbott doesn't sound worried. \n</p>\n<p>\n  \"The people who are not wringing their hands are the people who create jobs that run businesses,\" he said during a CNBC interview on Thursday. Abbott noted the financial incentives to come to Texas, such as the absence of a state income tax. \n</p>\n<p>\n  Indeed, Texas' population has been swelling. As a result of the 2020 Census count, Texas is bringing in two extra Congressional seats The state has 29.1 million people and an almost 16% population growth rate over the past 10 years, Census data shows \n</p>\n<p>\n  For Arrambide, the widely-watched stage would add extra force to company responses. \"If businesses actually take a stand, that would be so powerful,\" she said. \n</p>\n<p>\n  See also: Most workers say companies should take action on racial injustice -- but they haven't heard the C-suite talk about the problem \n</p>\n<p>\n  -Andrew Keshner \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  September 03, 2021 18:25 ET (22:25 GMT)\n</p>\n<p>\n  Copyright (c) 2021 Dow Jones &amp; Company, Inc.\n</p>\n</font></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>'They've been silent' Many companies are on the sidelines about the new Texas abortion law -- will they stay there?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n'They've been silent' Many companies are on the sidelines about the new Texas abortion law -- will they stay there?\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-09-04 06:25</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW 'They've been silent' Many companies are on the sidelines about the new Texas abortion law -- will they stay there?\n</p>\n<p>\n  By Andrew Keshner \n</p>\n<p>\n  Lyft and Uber said Friday they would cover legal costs for any drivers sued under S.B. 8, the Texas law that allows people to sue anyone who 'aids or abets' an abortion. \n</p>\n<p>\n  Texas' new abortion law has touched off a wave of criticism, including from President Joe Biden, scathing dissents from the U.S. Supreme Court's liberal wing and protests outside the Texas statehouse -- but so far the reaction from most of corporate America has been muted, if anything. \n</p>\n<p>\n  More than a year ago, George Floyd's murder sparked widespread company denunciations against police brutality and an outpouring of money earmarked to address racial inequity. \n</p>\n<p>\n  Months ago, Georgia's new voting laws prompted corporate criticism, even the relocation of baseball's All-Star Game In 2016, companies lined up to take a stance against the North Carolina law requiring people to use the public restroom matching their gender at birth. \n</p>\n<p>\n  Some big name companies have weighed in abortion laws recently. In 2019, Netflix <a href=\"https://laohu8.com/S/NFLX\">$(NFLX)$</a> and Disney <a href=\"https://laohu8.com/S/DIS\">$(DIS)$</a> both said they'd have to rethink filming and doing business in Georgia if a certain abortion law went into effect. Like the Texas law, the Georgia statute prohibited abortions following a \"detectable human heart beat.\" \n</p>\n<p>\n  Last year, a federal judge struck down the law Netflix and Disney did not immediately respond to a request for comment on the Texas law. \n</p>\n<p>\n  Now comes enactment of S.B. 8, a law that bans abortions in Texas at roughly the six-week mark and empowers private citizens to sue providers and people who \"aid and abet\" an abortion. That could even include anyone driving a woman to a clinic. \n</p>\n<p>\n  Some critics of the law say they're still waiting to hear what companies think of S.B.8 -- which also happens to be taking effect in a large, business-friendly and low-tax state. \n</p>\n<p>\n  \"Corporate America hasn't really responded. They've been silent,\" said Aimee Arrambide, executive director of Avow, an Austin-based advocacy group pressing to expand abortion access in the state. \n</p>\n<p>\n  To be sure, a handful of companies have made it clear where they stand.Lyft <a href=\"https://laohu8.com/S/LYFT\">$(LYFT)$</a> CEO Logan Green announced Friday that the rideshare platform would completely cover the legal bill of drivers who are sued under the law. The company also announced a $1 million donation to Planned Parenthood. \"We encourage other companies to join us,\" he said on <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> (TWTR). \n</p>\n<p>\n  Dara Khosrowshahi, Uber's CEO,  said in a tweet that Uber is \"in too and will cover legal fees in the same way. Thanks for the push.\" \n</p>\n<p>\n  The dating site Bumble, based in Austin, Texas, announced Thursday it was setting up a relief fund \"supporting the reproductive rights of women and people across the gender spectrum who seek abortions in Texas.\" \n</p>\n<p>\n  On Wednesday night, Shar Dubey, the CEO of Match Group <a href=\"https://laohu8.com/S/MTCH\">$(MTCH)$</a> in Dallas sent a company memo saying she was setting up a fund to cover costs for out-of-state abortion. She noted she was speaking personally, and not on behalf of the company. \n</p>\n<p>\n  They've been the exceptions. \n</p>\n<p>\n  For example, Elon Musk, CEO of Tesla <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a>, said on Twitter he \"would prefer to stay out of politics\" Tesla has picked Austin as the site of its next \"gigafactory\" location. \n</p>\n<p>\n  Oracle <a href=\"https://laohu8.com/S/ORCL\">$(ORCL)$</a> , which moved its headquarters from Silicon Valley to Austin, did not immediately respond to a request for comment. Neither did Dell Technologies, which is based in Round Rock, and other large companies with Texas headquarters including Exxon Mobil <a href=\"https://laohu8.com/S/XOM\">$(XOM)$</a>, AT&amp;T <a href=\"https://laohu8.com/S/T\">$(T)$</a> and McKesson <a href=\"https://laohu8.com/S/MCK\">$(MCK)$</a>. American Airlines <a href=\"https://laohu8.com/S/AAL\">$(AAL)$</a> had no comment, according to a spokeswoman. \n</p>\n<p>\n  Hewlett Packard Enterprise <a href=\"https://laohu8.com/S/HPE\">$(HPE)$</a> announced late last year it was moving to Houston. \"As a global company of 60,000 team members, HPE encourages our team members to engage in the political process where they live and work and make their voices heard through advocacy and at the voting booth,\" a spokesman told MarketWatch, noting the company's headquarters remain in Houston. \n</p>\n<p>\n  For Arrambide, the overall silence goes deeper than companies avoiding hot button issues. \"There's still so much stigma, that they don't want to talk about it. They shy away from it under the guise of it being too political,\" Arrambide said. \n</p>\n<p>\n  For Jen Stark, however, the relative quiet might be a sign of companies thinking about strategy. \"The silence so far doesn't necessarily give me pause. Folks are in consideration,\" said Stark, who is the senior director, corporate strategy at Tara Health Foundation and the former director of corporate relations at Planned Parenthood Federation of America. \n</p>\n<p>\n  Stark said she is talking with large, publicly-traded companies right now that are figuring out what to say and what to do in reaction to the new Texas law. \"It's a really unique moment,\" Stark said. \"I think they are scrambling to catch up.\" \n</p>\n<p>\n  That brings up a larger question: Should companies weigh in on matters that might fall outside their immediate business goals and corporate mission, even if workers have a growing expectation they'll speak up? One recent survey of 3,000 employees by the consulting firm Gartner found that 75% \"expect their employer to take a stance on current societal or cultural issues, even if those issues have nothing to do with their employer.\" \n</p>\n<p>\n  James Copland, senior fellow at the right-leaning <a href=\"https://laohu8.com/S/MHC.AU\">Manhattan</a> Institute, doesn't think so. Companies need to have the ability to speak out on laws and regulations that affect them and they have every right to join trade groups and associations to further their interests -- and the interests of their shareholders. \n</p>\n<p>\n  That's where it should stop, he said. \n</p>\n<p>\n  \"In general, corporations aren't playthings for chief executives to play politics with shareholder money. ... I think they shouldn't be at the forefront of cultural wars,\" Copland said. For the biggest of companies, \"I think most executives and boards will want to stay out of this <a href=\"https://laohu8.com/S/AONE.U\">one</a>.\" \n</p>\n<p>\n  Stark noted that companies may be moved to speak against restrictive abortion laws when the matter is couched as a workforce issue. \n</p>\n<p>\n  <a href=\"https://laohu8.com/S/TWOA.U\">Two</a>-thirds of people say the new Texas law would discourage them from working in the Lone Star State, according to an approximate 1,800-person poll commissioned by the Tara Health Foundation \n</p>\n<p>\n  But Texas Gov. Greg Abbott doesn't sound worried. \n</p>\n<p>\n  \"The people who are not wringing their hands are the people who create jobs that run businesses,\" he said during a CNBC interview on Thursday. Abbott noted the financial incentives to come to Texas, such as the absence of a state income tax. \n</p>\n<p>\n  Indeed, Texas' population has been swelling. As a result of the 2020 Census count, Texas is bringing in two extra Congressional seats The state has 29.1 million people and an almost 16% population growth rate over the past 10 years, Census data shows \n</p>\n<p>\n  For Arrambide, the widely-watched stage would add extra force to company responses. \"If businesses actually take a stand, that would be so powerful,\" she said. \n</p>\n<p>\n  See also: Most workers say companies should take action on racial injustice -- but they haven't heard the C-suite talk about the problem \n</p>\n<p>\n  -Andrew Keshner \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  September 03, 2021 18:25 ET (22:25 GMT)\n</p>\n<p>\n  Copyright (c) 2021 Dow Jones &amp; Company, Inc.\n</p>\n</font></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","NFLX":"奈飞"},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2164030578","content_text":"MW 'They've been silent' Many companies are on the sidelines about the new Texas abortion law -- will they stay there?\n\n\n  By Andrew Keshner \n\n\n  Lyft and Uber said Friday they would cover legal costs for any drivers sued under S.B. 8, the Texas law that allows people to sue anyone who 'aids or abets' an abortion. \n\n\n  Texas' new abortion law has touched off a wave of criticism, including from President Joe Biden, scathing dissents from the U.S. Supreme Court's liberal wing and protests outside the Texas statehouse -- but so far the reaction from most of corporate America has been muted, if anything. \n\n\n  More than a year ago, George Floyd's murder sparked widespread company denunciations against police brutality and an outpouring of money earmarked to address racial inequity. \n\n\n  Months ago, Georgia's new voting laws prompted corporate criticism, even the relocation of baseball's All-Star Game In 2016, companies lined up to take a stance against the North Carolina law requiring people to use the public restroom matching their gender at birth. \n\n\n  Some big name companies have weighed in abortion laws recently. In 2019, Netflix $(NFLX)$ and Disney $(DIS)$ both said they'd have to rethink filming and doing business in Georgia if a certain abortion law went into effect. Like the Texas law, the Georgia statute prohibited abortions following a \"detectable human heart beat.\" \n\n\n  Last year, a federal judge struck down the law Netflix and Disney did not immediately respond to a request for comment on the Texas law. \n\n\n  Now comes enactment of S.B. 8, a law that bans abortions in Texas at roughly the six-week mark and empowers private citizens to sue providers and people who \"aid and abet\" an abortion. That could even include anyone driving a woman to a clinic. \n\n\n  Some critics of the law say they're still waiting to hear what companies think of S.B.8 -- which also happens to be taking effect in a large, business-friendly and low-tax state. \n\n\n  \"Corporate America hasn't really responded. They've been silent,\" said Aimee Arrambide, executive director of Avow, an Austin-based advocacy group pressing to expand abortion access in the state. \n\n\n  To be sure, a handful of companies have made it clear where they stand.Lyft $(LYFT)$ CEO Logan Green announced Friday that the rideshare platform would completely cover the legal bill of drivers who are sued under the law. The company also announced a $1 million donation to Planned Parenthood. \"We encourage other companies to join us,\" he said on Twitter (TWTR). \n\n\n  Dara Khosrowshahi, Uber's CEO,  said in a tweet that Uber is \"in too and will cover legal fees in the same way. Thanks for the push.\" \n\n\n  The dating site Bumble, based in Austin, Texas, announced Thursday it was setting up a relief fund \"supporting the reproductive rights of women and people across the gender spectrum who seek abortions in Texas.\" \n\n\n  On Wednesday night, Shar Dubey, the CEO of Match Group $(MTCH)$ in Dallas sent a company memo saying she was setting up a fund to cover costs for out-of-state abortion. She noted she was speaking personally, and not on behalf of the company. \n\n\n  They've been the exceptions. \n\n\n  For example, Elon Musk, CEO of Tesla $(TSLA)$, said on Twitter he \"would prefer to stay out of politics\" Tesla has picked Austin as the site of its next \"gigafactory\" location. \n\n\n  Oracle $(ORCL)$ , which moved its headquarters from Silicon Valley to Austin, did not immediately respond to a request for comment. Neither did Dell Technologies, which is based in Round Rock, and other large companies with Texas headquarters including Exxon Mobil $(XOM)$, AT&T $(T)$ and McKesson $(MCK)$. American Airlines $(AAL)$ had no comment, according to a spokeswoman. \n\n\n  Hewlett Packard Enterprise $(HPE)$ announced late last year it was moving to Houston. \"As a global company of 60,000 team members, HPE encourages our team members to engage in the political process where they live and work and make their voices heard through advocacy and at the voting booth,\" a spokesman told MarketWatch, noting the company's headquarters remain in Houston. \n\n\n  For Arrambide, the overall silence goes deeper than companies avoiding hot button issues. \"There's still so much stigma, that they don't want to talk about it. They shy away from it under the guise of it being too political,\" Arrambide said. \n\n\n  For Jen Stark, however, the relative quiet might be a sign of companies thinking about strategy. \"The silence so far doesn't necessarily give me pause. Folks are in consideration,\" said Stark, who is the senior director, corporate strategy at Tara Health Foundation and the former director of corporate relations at Planned Parenthood Federation of America. \n\n\n  Stark said she is talking with large, publicly-traded companies right now that are figuring out what to say and what to do in reaction to the new Texas law. \"It's a really unique moment,\" Stark said. \"I think they are scrambling to catch up.\" \n\n\n  That brings up a larger question: Should companies weigh in on matters that might fall outside their immediate business goals and corporate mission, even if workers have a growing expectation they'll speak up? One recent survey of 3,000 employees by the consulting firm Gartner found that 75% \"expect their employer to take a stance on current societal or cultural issues, even if those issues have nothing to do with their employer.\" \n\n\n  James Copland, senior fellow at the right-leaning Manhattan Institute, doesn't think so. Companies need to have the ability to speak out on laws and regulations that affect them and they have every right to join trade groups and associations to further their interests -- and the interests of their shareholders. \n\n\n  That's where it should stop, he said. \n\n\n  \"In general, corporations aren't playthings for chief executives to play politics with shareholder money. ... I think they shouldn't be at the forefront of cultural wars,\" Copland said. For the biggest of companies, \"I think most executives and boards will want to stay out of this one.\" \n\n\n  Stark noted that companies may be moved to speak against restrictive abortion laws when the matter is couched as a workforce issue. \n\n\nTwo-thirds of people say the new Texas law would discourage them from working in the Lone Star State, according to an approximate 1,800-person poll commissioned by the Tara Health Foundation \n\n\n  But Texas Gov. Greg Abbott doesn't sound worried. \n\n\n  \"The people who are not wringing their hands are the people who create jobs that run businesses,\" he said during a CNBC interview on Thursday. Abbott noted the financial incentives to come to Texas, such as the absence of a state income tax. \n\n\n  Indeed, Texas' population has been swelling. As a result of the 2020 Census count, Texas is bringing in two extra Congressional seats The state has 29.1 million people and an almost 16% population growth rate over the past 10 years, Census data shows \n\n\n  For Arrambide, the widely-watched stage would add extra force to company responses. \"If businesses actually take a stand, that would be so powerful,\" she said. \n\n\n  See also: Most workers say companies should take action on racial injustice -- but they haven't heard the C-suite talk about the problem \n\n\n  -Andrew Keshner \n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n  September 03, 2021 18:25 ET (22:25 GMT)\n\n\n  Copyright (c) 2021 Dow Jones & Company, Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":208,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":893783884,"gmtCreate":1628300740848,"gmtModify":1703504745273,"author":{"id":"4088552529219160","authorId":"4088552529219160","name":"VigneshM","avatar":"https://static.tigerbbs.com/b3e3c747867c8efbffe4baaf5b82dce6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/KLIC\">$Kulicke &amp; Soffa(KLIC)$</a>[Miser]&nbsp;","listText":"<a href=\"https://laohu8.com/S/KLIC\">$Kulicke &amp; Soffa(KLIC)$</a>[Miser]&nbsp;","text":"$Kulicke & Soffa(KLIC)$[Miser]","images":[{"img":"https://static.tigerbbs.com/8f1fce9e848b8a5ebfd52bd72a7e3956","width":"828","height":"1590"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/893783884","isVote":1,"tweetType":1,"viewCount":148,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3583583162782511","authorId":"3583583162782511","name":"ECA","avatar":"https://static.tigerbbs.com/718eae234a49daca134efd37f092acb0","crmLevel":2,"crmLevelSwitch":0},"content":"I should have waited and not sold when it dropped","text":"I should have waited and not sold when it dropped","html":"I should have waited and not sold when it dropped"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":814251910,"gmtCreate":1630830323430,"gmtModify":1676530402789,"author":{"id":"4088552529219160","authorId":"4088552529219160","name":"VigneshM","avatar":"https://static.tigerbbs.com/b3e3c747867c8efbffe4baaf5b82dce6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/814251910","repostId":"807974312","repostType":1,"repost":{"id":807974312,"gmtCreate":1627998899236,"gmtModify":1703499383888,"author":{"id":"3565580415318008","authorId":"3565580415318008","name":"patricklowck","avatar":"https://static.tigerbbs.com/fc04396a7aff08c74904d7b520596366","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BABA\">$Alibaba(BABA)$</a>why Alibaba report so good results but price still dropping?","listText":"<a href=\"https://laohu8.com/S/BABA\">$Alibaba(BABA)$</a>why Alibaba report so good results but price still dropping?","text":"$Alibaba(BABA)$why Alibaba report so good results but price still dropping?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/807974312","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":152,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":815193409,"gmtCreate":1630652964201,"gmtModify":1676530366877,"author":{"id":"4088552529219160","authorId":"4088552529219160","name":"VigneshM","avatar":"https://static.tigerbbs.com/b3e3c747867c8efbffe4baaf5b82dce6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"G","listText":"G","text":"G","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/815193409","repostId":"1103995208","repostType":2,"repost":{"id":"1103995208","pubTimestamp":1630629549,"share":"https://www.laohu8.com/m/news/1103995208?lang=&edition=full","pubTime":"2021-09-03 08:39","market":"us","language":"en","title":"Tesla Halted Production In China For 4 Days In August Due To The Semiconductor Shortage","url":"https://stock-news.laohu8.com/highlight/detail?id=1103995208","media":"zerohedge","summary":"Production output for Tesla in China has reportedly once again been halted and is being  blamed on the global semiconductor shortage.Short of the pandemic, the semi shortage has become a very convenient scapegoat, especially for the auto industry, for numerous manufacturers who have shut down production temporarily and idled plants throughout 2021.Tesla's Shanghai plant was halted \"for about four days\" in August, according to anew report from Reuters.In China, Tesla sold 32,968 China-made vehicl","content":"<p>Production output for Tesla in China has reportedly once again been halted and is being (once again) blamed on the global semiconductor shortage.</p>\n<p>Short of the pandemic, the semi shortage has become a very convenient scapegoat, especially for the auto industry, for numerous manufacturers who have shut down production temporarily and idled plants throughout 2021.</p>\n<p>Tesla's Shanghai plant was halted \"for about four days\" in August, according to anew report from Reuters.</p>\n<p>Production is reportedly now \"back to normal\" and the halt was blamed on shortages with the availability of electronic control units, mainly for the company's Model Y.</p>\n<p><img src=\"https://static.tigerbbs.com/088a74e39307bb5a626cdf7ae62f75c0\" tg-width=\"532\" tg-height=\"300\" width=\"100%\" height=\"auto\">In China, Tesla sold 32,968 China-made vehicles in July - this includes vehicles sold in China and vehicles exported - according to the China Passenger Car Association (CPCA). This was below the 33,155 vehicles sold in June; a number that we pointed out could have been a sign that the ship had steadied between Tesla and China - and that demand was once again rising.</p>\n<p>But July's numbers seem to indicate little, if any, growth in demand between June and July.</p>\n<p>Shipments of locally made vehicles sold in China plunged, to 8,621 cars from 28,138 in June. There is generally cyclicality for automaker sales wherein the beginning of a quarter (July) comes in markedly lower than the end of the previous quarter (June).</p>\n<p><img src=\"https://static.tigerbbs.com/100cff92002adb2ace977d6b7234a6b4\" tg-width=\"660\" tg-height=\"393\" width=\"100%\" height=\"auto\">PCA Secretary General Cui Dongshu said during a briefing last month: “Tesla tends to be aggressive in exports regardless of the domestic market in July. The fact that Tesla’s domestic deliveries didn’t reach 10,000 is normal and fine.”</p>\n<p>24,347 of the 32,968 cars made in China were manufactured for export.</p>\n<p>Tesla fell between BYD, who sold 50,387 China-made EVs and GM/SAIC, who sold 27.347 EVs.</p>\n<p>Recall, other automakers have slowed production due to the semi shortage, too. Wereported last monththat Toyota had slashed&nbsp;global production for September by 40% from its previous outlook. The production cut will reduce Toyota's global production for September from 900,000 automobiles to 500,000.</p>\n<p>As a result,&nbsp;Toyota's global production for the month will be below that of last September,&nbsp;when demand was beginning to recover from the initial stages of the coronavirus pandemic and Toyota turned out 840,000 units.</p>","source":"lsy1583725640930","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Halted Production In China For 4 Days In August Due To The Semiconductor Shortage</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Halted Production In China For 4 Days In August Due To The Semiconductor Shortage\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-03 08:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/tesla-halted-production-china-4-days-august-due-semiconductor-shortage?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Production output for Tesla in China has reportedly once again been halted and is being (once again) blamed on the global semiconductor shortage.\nShort of the pandemic, the semi shortage has become a ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/tesla-halted-production-china-4-days-august-due-semiconductor-shortage?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.zerohedge.com/markets/tesla-halted-production-china-4-days-august-due-semiconductor-shortage?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103995208","content_text":"Production output for Tesla in China has reportedly once again been halted and is being (once again) blamed on the global semiconductor shortage.\nShort of the pandemic, the semi shortage has become a very convenient scapegoat, especially for the auto industry, for numerous manufacturers who have shut down production temporarily and idled plants throughout 2021.\nTesla's Shanghai plant was halted \"for about four days\" in August, according to anew report from Reuters.\nProduction is reportedly now \"back to normal\" and the halt was blamed on shortages with the availability of electronic control units, mainly for the company's Model Y.\nIn China, Tesla sold 32,968 China-made vehicles in July - this includes vehicles sold in China and vehicles exported - according to the China Passenger Car Association (CPCA). This was below the 33,155 vehicles sold in June; a number that we pointed out could have been a sign that the ship had steadied between Tesla and China - and that demand was once again rising.\nBut July's numbers seem to indicate little, if any, growth in demand between June and July.\nShipments of locally made vehicles sold in China plunged, to 8,621 cars from 28,138 in June. There is generally cyclicality for automaker sales wherein the beginning of a quarter (July) comes in markedly lower than the end of the previous quarter (June).\nPCA Secretary General Cui Dongshu said during a briefing last month: “Tesla tends to be aggressive in exports regardless of the domestic market in July. The fact that Tesla’s domestic deliveries didn’t reach 10,000 is normal and fine.”\n24,347 of the 32,968 cars made in China were manufactured for export.\nTesla fell between BYD, who sold 50,387 China-made EVs and GM/SAIC, who sold 27.347 EVs.\nRecall, other automakers have slowed production due to the semi shortage, too. Wereported last monththat Toyota had slashed global production for September by 40% from its previous outlook. The production cut will reduce Toyota's global production for September from 900,000 automobiles to 500,000.\nAs a result, Toyota's global production for the month will be below that of last September, when demand was beginning to recover from the initial stages of the coronavirus pandemic and Toyota turned out 840,000 units.","news_type":1},"isVote":1,"tweetType":1,"viewCount":217,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":815199350,"gmtCreate":1630652796570,"gmtModify":1676530366844,"author":{"id":"4088552529219160","authorId":"4088552529219160","name":"VigneshM","avatar":"https://static.tigerbbs.com/b3e3c747867c8efbffe4baaf5b82dce6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"G","listText":"G","text":"G","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/815199350","repostId":"2164820764","repostType":2,"repost":{"id":"2164820764","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1630648800,"share":"https://www.laohu8.com/m/news/2164820764?lang=&edition=full","pubTime":"2021-09-03 14:00","market":"fut","language":"en","title":"Uneven recovery for U.S. offshore energy production after Ida","url":"https://stock-news.laohu8.com/highlight/detail?id=2164820764","media":"Reuters","summary":"Sept 3 (Reuters) - U.S. Gulf Coast energy companies on Friday advanced the recovery from Hurricane I","content":"<p>Sept 3 (Reuters) - U.S. Gulf Coast energy companies on Friday advanced the recovery from Hurricane Ida on a few fronts, but slipped elsewhere as lack of crews, power and fuel reversed earlier production gains.</p>\n<p>Ports were reopening and some pipelines restarted as companies completed post-storm evaluations. However, larger hurdles remained for producers and refiners that struggled to get up and running.</p>\n<p>The White House sought to ease fuel shortages in the region, authorizing the release of 1.5 million barrels of crude oil to Exxon Mobil to produce gasoline. Four large refineries in the state remain shut.</p>\n<p>Widespread fuel and power shortages hampered recovery. About 880,000 homes and businesses in the state lacked power. More than a third of gasoline stations were without fuel, according to tracking firm GasBuddy.</p>\n<p>The shortages included aviation fuel for helicopters that conduct post-hurricane aerial evaluations and ferry workers to and from platforms. Ida's winds crushed fuel depots and helicopter pads used by transport firms.</p>\n<p>\"Staff is dealing with their personal issues, including losing houses and the lack of transportation to reach the base camps,\" said an executive of an offshore oil producer.</p>\n<p>Five days after the hurricane churned through offshore oil and gas fields, crews had not returned to three-quarters of the evacuated platforms and more than 90% of production remained offline, government data showed.</p>\n<p>Royal Dutch Shell , the largest Gulf of Mexico producer, has resumed 20% of its usual production, the company said. An offshore facility that carries offshore oil and gas to shore suffered damage, it said.</p>\n<p>Overall Gulf of Mexico output declined by 240,000 barrels, according to government data, an unusual reversal. Production restarts are taking longer than after past storms, analysts said, in part because of the extent of infrastructure damage.</p>\n<p>Tony Odak, chief operating officer of Stone Oil Distributor, which supplies fuel to offshore producers, said he has begun getting supplies from as far away as Port Arthur and Galveston, Texas.</p>\n<p>\"We are securing resupply outside the Mississippi River right now,\" said Odak.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Uneven recovery for U.S. offshore energy production after Ida</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUneven recovery for U.S. offshore energy production after Ida\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-09-03 14:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Sept 3 (Reuters) - U.S. Gulf Coast energy companies on Friday advanced the recovery from Hurricane Ida on a few fronts, but slipped elsewhere as lack of crews, power and fuel reversed earlier production gains.</p>\n<p>Ports were reopening and some pipelines restarted as companies completed post-storm evaluations. However, larger hurdles remained for producers and refiners that struggled to get up and running.</p>\n<p>The White House sought to ease fuel shortages in the region, authorizing the release of 1.5 million barrels of crude oil to Exxon Mobil to produce gasoline. Four large refineries in the state remain shut.</p>\n<p>Widespread fuel and power shortages hampered recovery. About 880,000 homes and businesses in the state lacked power. More than a third of gasoline stations were without fuel, according to tracking firm GasBuddy.</p>\n<p>The shortages included aviation fuel for helicopters that conduct post-hurricane aerial evaluations and ferry workers to and from platforms. Ida's winds crushed fuel depots and helicopter pads used by transport firms.</p>\n<p>\"Staff is dealing with their personal issues, including losing houses and the lack of transportation to reach the base camps,\" said an executive of an offshore oil producer.</p>\n<p>Five days after the hurricane churned through offshore oil and gas fields, crews had not returned to three-quarters of the evacuated platforms and more than 90% of production remained offline, government data showed.</p>\n<p>Royal Dutch Shell , the largest Gulf of Mexico producer, has resumed 20% of its usual production, the company said. An offshore facility that carries offshore oil and gas to shore suffered damage, it said.</p>\n<p>Overall Gulf of Mexico output declined by 240,000 barrels, according to government data, an unusual reversal. Production restarts are taking longer than after past storms, analysts said, in part because of the extent of infrastructure damage.</p>\n<p>Tony Odak, chief operating officer of Stone Oil Distributor, which supplies fuel to offshore producers, said he has begun getting supplies from as far away as Port Arthur and Galveston, Texas.</p>\n<p>\"We are securing resupply outside the Mississippi River right now,\" said Odak.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UGAZ":"三倍做多天然气ETN(VelocityShares)","SCO":"二倍做空彭博原油指数ETF","DDG":"ProShares做空石油与天然气ETF","DUG":"二倍做空石油与天然气ETF(ProShares)","UNG":"美国天然气基金","USO":"美国原油ETF","DGAZ":"三倍做空天然气ETN(VelocityShares)","DWT":"三倍做空原油ETN","XOM":"埃克森美孚","UCO":"二倍做多彭博原油ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2164820764","content_text":"Sept 3 (Reuters) - U.S. Gulf Coast energy companies on Friday advanced the recovery from Hurricane Ida on a few fronts, but slipped elsewhere as lack of crews, power and fuel reversed earlier production gains.\nPorts were reopening and some pipelines restarted as companies completed post-storm evaluations. However, larger hurdles remained for producers and refiners that struggled to get up and running.\nThe White House sought to ease fuel shortages in the region, authorizing the release of 1.5 million barrels of crude oil to Exxon Mobil to produce gasoline. Four large refineries in the state remain shut.\nWidespread fuel and power shortages hampered recovery. About 880,000 homes and businesses in the state lacked power. More than a third of gasoline stations were without fuel, according to tracking firm GasBuddy.\nThe shortages included aviation fuel for helicopters that conduct post-hurricane aerial evaluations and ferry workers to and from platforms. Ida's winds crushed fuel depots and helicopter pads used by transport firms.\n\"Staff is dealing with their personal issues, including losing houses and the lack of transportation to reach the base camps,\" said an executive of an offshore oil producer.\nFive days after the hurricane churned through offshore oil and gas fields, crews had not returned to three-quarters of the evacuated platforms and more than 90% of production remained offline, government data showed.\nRoyal Dutch Shell , the largest Gulf of Mexico producer, has resumed 20% of its usual production, the company said. An offshore facility that carries offshore oil and gas to shore suffered damage, it said.\nOverall Gulf of Mexico output declined by 240,000 barrels, according to government data, an unusual reversal. Production restarts are taking longer than after past storms, analysts said, in part because of the extent of infrastructure damage.\nTony Odak, chief operating officer of Stone Oil Distributor, which supplies fuel to offshore producers, said he has begun getting supplies from as far away as Port Arthur and Galveston, Texas.\n\"We are securing resupply outside the Mississippi River right now,\" said Odak.","news_type":1},"isVote":1,"tweetType":1,"viewCount":95,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":898613112,"gmtCreate":1628491922036,"gmtModify":1703506981709,"author":{"id":"4088552529219160","authorId":"4088552529219160","name":"VigneshM","avatar":"https://static.tigerbbs.com/b3e3c747867c8efbffe4baaf5b82dce6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"O","listText":"O","text":"O","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/898613112","repostId":"2158874414","repostType":4,"repost":{"id":"2158874414","pubTimestamp":1628491429,"share":"https://www.laohu8.com/m/news/2158874414?lang=&edition=full","pubTime":"2021-08-09 14:43","market":"hk","language":"en","title":"Meituan shares rebound on reports China is nearing end of probe","url":"https://stock-news.laohu8.com/highlight/detail?id=2158874414","media":"The Straits Times","summary":"BEIJING (BLOOMBERG) - Meituan shares rallied in Hong Kong Monday (Aug 9) following reports Chinese a","content":"<div>\n<p>BEIJING (BLOOMBERG) - Meituan shares rallied in Hong Kong Monday (Aug 9) following reports Chinese antitrust authorities may be wrapping up a four-month antitrust investigation into the food-delivery ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/meituan-shares-rebound-on-reports-china-is-nearing-end-of-probe\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Meituan shares rebound on reports China is nearing end of probe</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMeituan shares rebound on reports China is nearing end of probe\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-09 14:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/meituan-shares-rebound-on-reports-china-is-nearing-end-of-probe><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>BEIJING (BLOOMBERG) - Meituan shares rallied in Hong Kong Monday (Aug 9) following reports Chinese antitrust authorities may be wrapping up a four-month antitrust investigation into the food-delivery ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/meituan-shares-rebound-on-reports-china-is-nearing-end-of-probe\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"03690":"美团-W"},"source_url":"http://www.straitstimes.com/business/companies-markets/meituan-shares-rebound-on-reports-china-is-nearing-end-of-probe","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2158874414","content_text":"BEIJING (BLOOMBERG) - Meituan shares rallied in Hong Kong Monday (Aug 9) following reports Chinese antitrust authorities may be wrapping up a four-month antitrust investigation into the food-delivery giant.\nThe stock surged nearly 8 per cent in Hong Kong Monday, the most in almost two weeks. Chinese authorities may levy a fine of roughly US$1 billion on billionaire Wang Xing's firm for antitrust abuses and require it to revamp its operations, including putting an end to exclusivity arrangements with merchants known as \"pick one from two,\" Bloomberg News reported Friday.\nSince the anti-monopoly probe was announced in April, Meituan has lost more than US$50 billion from its market valuation as Beijing ramped up a crackdown on its tech champions that spanned internet commerce to data security.\nIn July, authorities ordered online food companies to ensure workers earn at least the local minimum wage, a move seemingly aimed at Meituan, the nation's largest such platform.\nAny changes to Meituan's fee collection structure \"may hurt the company's outlook more than hikes in higher minimum wages and insurance and the indicated US$1 billion fine,\" Bloomberg Intelligence analysts Catherine Lim and Tiffany Tam wrote in a note Friday.\n\"A probable prohibition of exclusive merchant arrangements, which Meituan had abstained from, should not impact the company.\" The fine is roughly in line with market expectations, with Nomura previously estimating a penalty of about US$711 million.\nStill, while the figure is just a fraction of Meituan's revenue, projected to surpass US$6 billion in the June quarter, it could more than double the Internet giant's projected US$790 million quarterly loss.","news_type":1},"isVote":1,"tweetType":1,"viewCount":163,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":816948615,"gmtCreate":1630462766037,"gmtModify":1676530310373,"author":{"id":"4088552529219160","authorId":"4088552529219160","name":"VigneshM","avatar":"https://static.tigerbbs.com/b3e3c747867c8efbffe4baaf5b82dce6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/816948615","repostId":"2164865476","repostType":2,"repost":{"id":"2164865476","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1630429834,"share":"https://www.laohu8.com/m/news/2164865476?lang=&edition=full","pubTime":"2021-09-01 01:10","market":"hk","language":"en","title":"First Retail, Now B2B: In-Person Deals Are Plummeting","url":"https://stock-news.laohu8.com/highlight/detail?id=2164865476","media":"Benzinga","summary":"Not long ago, if a salesperson were to complain to the boss about making the tedious rounds to clients&#39; branches, the likely response was that it&#39;s &#34;just the cost of doing business.&#34; After all, nothing comes for free.","content":"<html><body><p>Not long ago, if a salesperson were to complain to the boss about making the tedious rounds to clients' branches, the likely response was that it's \"just the cost of doing business.\" After all, nothing comes for free. However, the cost of doing business has risen from a few hours of boredom to contracting a potentially deadly virus, and it's a price that not many are willing to pay. The solution many have discovered is to change the definition of \"doing business.\" </p>\n<p>Pretty much everyone is aware of the global shift to e-commerce on the retail side, but flying under the radar is the rise of e-commerce between businesses. According to Forrester, U.S. B2B e-commerce will reach $9 trillion by the end of 2021, compared to less than $3 trillion for retail. Gone are the face-to-face deals of years past — these days, business is done with a click of the mouse rather than a flourish of the pen.</p>\n<h2>A change that was needed – and wanted</h2>\n<p>Like many other online shopping trends, B2B e-commerce was already on the rise before COVID-19 rolled around.</p>\n<p>\"I think it was very evident that for suppliers, there was a critical importance of building a digital relationship with their customers,\" Mitch Rose, senior vice president of sales for B2B payment company Billtrust, told Modern Shipper. \"COVID just took it to another level.\"</p>\n<p>When the pandemic hit, customers of B2B suppliers could no longer go to branches to speak to representatives and learn about products. Whereas going digital was just a trend before, it had become a necessity, and Rose's company saw that firsthand. From March 2020 to March 2021, Billtrust saw its B2B web sales increase more than 463%, while average order amount nearly tripled.</p>\n<p>Having an e-commerce platform — and a good <a href=\"https://laohu8.com/S/AONE.U\">one</a> — is now essential for B2B companies to place and fill orders, and buyer behavior all but confirms it. According to Gartner, 43% of B2B buyers would prefer not to interact with a sales representative <em>at all</em>, whether in person, on the phone or by email. And per McKinsey, around two-thirds of buyers prefer remote human interaction or digital self-service when buying from or interacting with B2B organizations. The shift to e-commerce hasn't been solely due to necessity — buyers like it, too.</p>\n<h2>The new way of doing business</h2>\n<p>But what does B2B e-commerce look like? Well, just like in-store, consumers would prefer to find things for themselves online. A 2021 Infor survey revealed that 71% of distributors are prioritizing a self-service buying experience for their customers.</p>\n<p>\"If you have a search bar, [online shoppers are] going to try to find their own answers,\" Michael Campbell, digital marketing director of B2B distributor Lee Supply Corp., told Modern Shipper. \"And I know we're talking about the digital world, but if you compare it to the analog world, if you walk into a store, you don't want to be greeted with the, ‘How can I help you?' You want to go try to find it yourself first.\"</p>\n<p>But as much as consumers want to shop on their own, a part of them wants some guidance from the seller. For a distributor like Lee Supply Corp., one of the biggest challenges of the digital transition has been data collection that would allow for more accurate product information, better consumer insights and customizable product recommendations.</p>\n<p>\"You don't want your customers to have to call the branch to ask questions if we could just provide answers right there on the page,\" Campbell explained.</p>\n<hr/>\n<h3>Related:</h3>\n<h4>Read: Back-to-school shopping will never be the same</h4>\n<h4>Read: A closer look at Maersk's budding e-commerce operations</h4>\n<hr/>\n<p>Campbell's company was one of the many B2B distributors shifting toward e-commerce before the pandemic, but even then, finding ways to collect comprehensive data has been challenging. Lee Supply Corp. opted not to use an outside service for data collection because, as Campbell says, \"when you have hundreds of thousands of SKUs, you're not hitting everything.\" Instead, the company developed its methods internally.</p>\n<p>With analytic insights, Lee Supply Corp. has been able to track what users are buying and searching for on its e-commerce platform, which has allowed it to recommend the right products to the right buyers. It's also given the company greater visibility over its product information management, meaning better accuracy for product images, descriptions, and specifications. On Lee Supply Corp.'s website, for example, recommendations appear directly beneath the product image — just like <strong>Amazon </strong>(NASDAQ:AMZN).</p>\n<p>Alongside data analytics, B2B distributors have turned to new tools and technology to make the transition to digital smoother. One such innovation has been platforms like Billtrust, which facilitates online invoices. Another is the bar code scanner, which Campbell says has been one of his company's largest drivers for user adoption.</p>\n<p>\"Whereas your outside salesperson might go into their customer's warehouse and spend three hours going through their stock to place an order to restock their shelves, with a bar code scanner, we print our own bar codes,\" he said.</p>\n<h2>The death of the face-to-face deal</h2>\n<p>There's some bad news for salespeople who are fond of the in-person deals of old. B2B has moved online, and it's likely to stay there. E-commerce is like a drug, and the B2B industry has gotten a taste of it — now, it can't get enough.</p>\n<p>\"That genie is not going back in the bottle,\" Rose said. \"Now it's just going to be more and more and more important, and the industry is talking about it a lot.\"</p>\n<p>The same demand for ease and convenience that's swept the retail ecosystem has overtaken the B2B space as well. Business people are people too, and many hate the long car rides and tedious marketing calls as much as the next person. According to Rose, it's the \"cornerstone\" that's driving B2B e-commerce, and all that's left to do is use technology to replace the practices of years past.</p>\n<p>\"Now it's a matter of the technology — the product information management systems, the personalization, the recommendations, the optimizing of SEO — and making sure that the suppliers have the right tools to keep on driving adoption of their e-commerce sites.\"</p>\n<h3>You may also like:</h3>\n<p>What does Walmart's GoLocal service mean for last-mile delivery?</p>\n<p>Drone highways in the sky could be on the horizon</p>\n<p>Food delivery companies in NYC face permanent commission cap</p>\n<p>Image by StartupStockPhotos from Pixabay</p>\n</body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>First Retail, Now B2B: In-Person Deals Are Plummeting</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFirst Retail, Now B2B: In-Person Deals Are Plummeting\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-09-01 01:10</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>Not long ago, if a salesperson were to complain to the boss about making the tedious rounds to clients' branches, the likely response was that it's \"just the cost of doing business.\" After all, nothing comes for free. However, the cost of doing business has risen from a few hours of boredom to contracting a potentially deadly virus, and it's a price that not many are willing to pay. The solution many have discovered is to change the definition of \"doing business.\" </p>\n<p>Pretty much everyone is aware of the global shift to e-commerce on the retail side, but flying under the radar is the rise of e-commerce between businesses. According to Forrester, U.S. B2B e-commerce will reach $9 trillion by the end of 2021, compared to less than $3 trillion for retail. Gone are the face-to-face deals of years past — these days, business is done with a click of the mouse rather than a flourish of the pen.</p>\n<h2>A change that was needed – and wanted</h2>\n<p>Like many other online shopping trends, B2B e-commerce was already on the rise before COVID-19 rolled around.</p>\n<p>\"I think it was very evident that for suppliers, there was a critical importance of building a digital relationship with their customers,\" Mitch Rose, senior vice president of sales for B2B payment company Billtrust, told Modern Shipper. \"COVID just took it to another level.\"</p>\n<p>When the pandemic hit, customers of B2B suppliers could no longer go to branches to speak to representatives and learn about products. Whereas going digital was just a trend before, it had become a necessity, and Rose's company saw that firsthand. From March 2020 to March 2021, Billtrust saw its B2B web sales increase more than 463%, while average order amount nearly tripled.</p>\n<p>Having an e-commerce platform — and a good <a href=\"https://laohu8.com/S/AONE.U\">one</a> — is now essential for B2B companies to place and fill orders, and buyer behavior all but confirms it. According to Gartner, 43% of B2B buyers would prefer not to interact with a sales representative <em>at all</em>, whether in person, on the phone or by email. And per McKinsey, around two-thirds of buyers prefer remote human interaction or digital self-service when buying from or interacting with B2B organizations. The shift to e-commerce hasn't been solely due to necessity — buyers like it, too.</p>\n<h2>The new way of doing business</h2>\n<p>But what does B2B e-commerce look like? Well, just like in-store, consumers would prefer to find things for themselves online. A 2021 Infor survey revealed that 71% of distributors are prioritizing a self-service buying experience for their customers.</p>\n<p>\"If you have a search bar, [online shoppers are] going to try to find their own answers,\" Michael Campbell, digital marketing director of B2B distributor Lee Supply Corp., told Modern Shipper. \"And I know we're talking about the digital world, but if you compare it to the analog world, if you walk into a store, you don't want to be greeted with the, ‘How can I help you?' You want to go try to find it yourself first.\"</p>\n<p>But as much as consumers want to shop on their own, a part of them wants some guidance from the seller. For a distributor like Lee Supply Corp., one of the biggest challenges of the digital transition has been data collection that would allow for more accurate product information, better consumer insights and customizable product recommendations.</p>\n<p>\"You don't want your customers to have to call the branch to ask questions if we could just provide answers right there on the page,\" Campbell explained.</p>\n<hr/>\n<h3>Related:</h3>\n<h4>Read: Back-to-school shopping will never be the same</h4>\n<h4>Read: A closer look at Maersk's budding e-commerce operations</h4>\n<hr/>\n<p>Campbell's company was one of the many B2B distributors shifting toward e-commerce before the pandemic, but even then, finding ways to collect comprehensive data has been challenging. Lee Supply Corp. opted not to use an outside service for data collection because, as Campbell says, \"when you have hundreds of thousands of SKUs, you're not hitting everything.\" Instead, the company developed its methods internally.</p>\n<p>With analytic insights, Lee Supply Corp. has been able to track what users are buying and searching for on its e-commerce platform, which has allowed it to recommend the right products to the right buyers. It's also given the company greater visibility over its product information management, meaning better accuracy for product images, descriptions, and specifications. On Lee Supply Corp.'s website, for example, recommendations appear directly beneath the product image — just like <strong>Amazon </strong>(NASDAQ:AMZN).</p>\n<p>Alongside data analytics, B2B distributors have turned to new tools and technology to make the transition to digital smoother. One such innovation has been platforms like Billtrust, which facilitates online invoices. Another is the bar code scanner, which Campbell says has been one of his company's largest drivers for user adoption.</p>\n<p>\"Whereas your outside salesperson might go into their customer's warehouse and spend three hours going through their stock to place an order to restock their shelves, with a bar code scanner, we print our own bar codes,\" he said.</p>\n<h2>The death of the face-to-face deal</h2>\n<p>There's some bad news for salespeople who are fond of the in-person deals of old. B2B has moved online, and it's likely to stay there. E-commerce is like a drug, and the B2B industry has gotten a taste of it — now, it can't get enough.</p>\n<p>\"That genie is not going back in the bottle,\" Rose said. \"Now it's just going to be more and more and more important, and the industry is talking about it a lot.\"</p>\n<p>The same demand for ease and convenience that's swept the retail ecosystem has overtaken the B2B space as well. Business people are people too, and many hate the long car rides and tedious marketing calls as much as the next person. According to Rose, it's the \"cornerstone\" that's driving B2B e-commerce, and all that's left to do is use technology to replace the practices of years past.</p>\n<p>\"Now it's a matter of the technology — the product information management systems, the personalization, the recommendations, the optimizing of SEO — and making sure that the suppliers have the right tools to keep on driving adoption of their e-commerce sites.\"</p>\n<h3>You may also like:</h3>\n<p>What does Walmart's GoLocal service mean for last-mile delivery?</p>\n<p>Drone highways in the sky could be on the horizon</p>\n<p>Food delivery companies in NYC face permanent commission cap</p>\n<p>Image by StartupStockPhotos from Pixabay</p>\n</body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://www.benzinga.com/news/earnings/21/08/22744289/first-retail-now-b2b-in-person-deals-are-plummeting","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2164865476","content_text":"Not long ago, if a salesperson were to complain to the boss about making the tedious rounds to clients' branches, the likely response was that it's \"just the cost of doing business.\" After all, nothing comes for free. However, the cost of doing business has risen from a few hours of boredom to contracting a potentially deadly virus, and it's a price that not many are willing to pay. The solution many have discovered is to change the definition of \"doing business.\" \nPretty much everyone is aware of the global shift to e-commerce on the retail side, but flying under the radar is the rise of e-commerce between businesses. According to Forrester, U.S. B2B e-commerce will reach $9 trillion by the end of 2021, compared to less than $3 trillion for retail. Gone are the face-to-face deals of years past — these days, business is done with a click of the mouse rather than a flourish of the pen.\nA change that was needed – and wanted\nLike many other online shopping trends, B2B e-commerce was already on the rise before COVID-19 rolled around.\n\"I think it was very evident that for suppliers, there was a critical importance of building a digital relationship with their customers,\" Mitch Rose, senior vice president of sales for B2B payment company Billtrust, told Modern Shipper. \"COVID just took it to another level.\"\nWhen the pandemic hit, customers of B2B suppliers could no longer go to branches to speak to representatives and learn about products. Whereas going digital was just a trend before, it had become a necessity, and Rose's company saw that firsthand. From March 2020 to March 2021, Billtrust saw its B2B web sales increase more than 463%, while average order amount nearly tripled.\nHaving an e-commerce platform — and a good one — is now essential for B2B companies to place and fill orders, and buyer behavior all but confirms it. According to Gartner, 43% of B2B buyers would prefer not to interact with a sales representative at all, whether in person, on the phone or by email. And per McKinsey, around two-thirds of buyers prefer remote human interaction or digital self-service when buying from or interacting with B2B organizations. The shift to e-commerce hasn't been solely due to necessity — buyers like it, too.\nThe new way of doing business\nBut what does B2B e-commerce look like? Well, just like in-store, consumers would prefer to find things for themselves online. A 2021 Infor survey revealed that 71% of distributors are prioritizing a self-service buying experience for their customers.\n\"If you have a search bar, [online shoppers are] going to try to find their own answers,\" Michael Campbell, digital marketing director of B2B distributor Lee Supply Corp., told Modern Shipper. \"And I know we're talking about the digital world, but if you compare it to the analog world, if you walk into a store, you don't want to be greeted with the, ‘How can I help you?' You want to go try to find it yourself first.\"\nBut as much as consumers want to shop on their own, a part of them wants some guidance from the seller. For a distributor like Lee Supply Corp., one of the biggest challenges of the digital transition has been data collection that would allow for more accurate product information, better consumer insights and customizable product recommendations.\n\"You don't want your customers to have to call the branch to ask questions if we could just provide answers right there on the page,\" Campbell explained.\n\nRelated:\nRead: Back-to-school shopping will never be the same\nRead: A closer look at Maersk's budding e-commerce operations\n\nCampbell's company was one of the many B2B distributors shifting toward e-commerce before the pandemic, but even then, finding ways to collect comprehensive data has been challenging. Lee Supply Corp. opted not to use an outside service for data collection because, as Campbell says, \"when you have hundreds of thousands of SKUs, you're not hitting everything.\" Instead, the company developed its methods internally.\nWith analytic insights, Lee Supply Corp. has been able to track what users are buying and searching for on its e-commerce platform, which has allowed it to recommend the right products to the right buyers. It's also given the company greater visibility over its product information management, meaning better accuracy for product images, descriptions, and specifications. On Lee Supply Corp.'s website, for example, recommendations appear directly beneath the product image — just like Amazon (NASDAQ:AMZN).\nAlongside data analytics, B2B distributors have turned to new tools and technology to make the transition to digital smoother. One such innovation has been platforms like Billtrust, which facilitates online invoices. Another is the bar code scanner, which Campbell says has been one of his company's largest drivers for user adoption.\n\"Whereas your outside salesperson might go into their customer's warehouse and spend three hours going through their stock to place an order to restock their shelves, with a bar code scanner, we print our own bar codes,\" he said.\nThe death of the face-to-face deal\nThere's some bad news for salespeople who are fond of the in-person deals of old. B2B has moved online, and it's likely to stay there. E-commerce is like a drug, and the B2B industry has gotten a taste of it — now, it can't get enough.\n\"That genie is not going back in the bottle,\" Rose said. \"Now it's just going to be more and more and more important, and the industry is talking about it a lot.\"\nThe same demand for ease and convenience that's swept the retail ecosystem has overtaken the B2B space as well. Business people are people too, and many hate the long car rides and tedious marketing calls as much as the next person. According to Rose, it's the \"cornerstone\" that's driving B2B e-commerce, and all that's left to do is use technology to replace the practices of years past.\n\"Now it's a matter of the technology — the product information management systems, the personalization, the recommendations, the optimizing of SEO — and making sure that the suppliers have the right tools to keep on driving adoption of their e-commerce sites.\"\nYou may also like:\nWhat does Walmart's GoLocal service mean for last-mile delivery?\nDrone highways in the sky could be on the horizon\nFood delivery companies in NYC face permanent commission cap\nImage by StartupStockPhotos from Pixabay","news_type":1},"isVote":1,"tweetType":1,"viewCount":112,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9087852698,"gmtCreate":1650989614321,"gmtModify":1676534829186,"author":{"id":"4088552529219160","authorId":"4088552529219160","name":"VigneshM","avatar":"https://static.tigerbbs.com/b3e3c747867c8efbffe4baaf5b82dce6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"He will.","listText":"He will.","text":"He will.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9087852698","isVote":1,"tweetType":1,"viewCount":241,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":244291259760792,"gmtCreate":1700665331854,"gmtModify":1700665334574,"author":{"id":"4088552529219160","authorId":"4088552529219160","name":"VigneshM","avatar":"https://static.tigerbbs.com/b3e3c747867c8efbffe4baaf5b82dce6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/DBD\">$Diebold Nixdorf(DBD)$&nbsp;</a>My unlucky counter","listText":"<a href=\"https://ttm.financial/S/DBD\">$Diebold Nixdorf(DBD)$&nbsp;</a>My unlucky counter","text":"$Diebold Nixdorf(DBD)$ My unlucky counter","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/244291259760792","isVote":1,"tweetType":1,"viewCount":90,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9057700046,"gmtCreate":1655561259085,"gmtModify":1676535662020,"author":{"id":"4088552529219160","authorId":"4088552529219160","name":"VigneshM","avatar":"https://static.tigerbbs.com/b3e3c747867c8efbffe4baaf5b82dce6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Repost","listText":"Repost","text":"Repost","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9057700046","repostId":"9022524674","repostType":1,"repost":{"id":9022524674,"gmtCreate":1653552819200,"gmtModify":1676535303082,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/c266ef25181ace18bec1262357bbe1a8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"title":"Time Travel with Tiger, Join the Memorabilia Adventure Now!!!","htmlText":"\n \n \n  Happy Birthday to TIGER!!! This year, we have prepared a time machine to go on an adventure with you. Come and find surprising gifts as we stroll down memory lane!There are so many wonderful little stories in our Tiger Quest. Collect as many coins as you can in the game, these will be your basic points of this game. Apart from one mini-game mission for SG/AU/NZ, the games will be open every week, and there are endless treasures waiting for you to discover. Points can be redeemed for multiple rewards, and you can win a share of up to USD 200,000 worth of prizes! Want to win extra points? Check out these mini-games, try them, stay with us and be PAWSITIVE!Remember to collect the cards and spell out \"T.I.G.E.R\" during your journey for a chance to receive the limited edition 8th Anniversary Gi\n \n","listText":"Happy Birthday to TIGER!!! This year, we have prepared a time machine to go on an adventure with you. Come and find surprising gifts as we stroll down memory lane!There are so many wonderful little stories in our Tiger Quest. Collect as many coins as you can in the game, these will be your basic points of this game. Apart from one mini-game mission for SG/AU/NZ, the games will be open every week, and there are endless treasures waiting for you to discover. Points can be redeemed for multiple rewards, and you can win a share of up to USD 200,000 worth of prizes! Want to win extra points? Check out these mini-games, try them, stay with us and be PAWSITIVE!Remember to collect the cards and spell out \"T.I.G.E.R\" during your journey for a chance to receive the limited edition 8th Anniversary Gi","text":"Happy Birthday to TIGER!!! This year, we have prepared a time machine to go on an adventure with you. Come and find surprising gifts as we stroll down memory lane!There are so many wonderful little stories in our Tiger Quest. Collect as many coins as you can in the game, these will be your basic points of this game. Apart from one mini-game mission for SG/AU/NZ, the games will be open every week, and there are endless treasures waiting for you to discover. Points can be redeemed for multiple rewards, and you can win a share of up to USD 200,000 worth of prizes! Want to win extra points? Check out these mini-games, try them, stay with us and be PAWSITIVE!Remember to collect the cards and spell out \"T.I.G.E.R\" during your journey for a chance to receive the limited edition 8th Anniversary Gi","images":[],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9022524674","isVote":1,"tweetType":2,"object":{"id":"97af7069aa6440eab7c85601f72b41b1","tweetId":"9022524674","videoUrl":"https://1254107296.vod2.myqcloud.com/73ba5544vodgzp1254107296/5836ee3f387702302012189230/1IRQdazMc4YA.mp4","poster":"https://community-static.tradeup.com/news/f2462b20b2a9a2483ae56cbb54dcb2a7"},"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":141,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9057474441,"gmtCreate":1655561199083,"gmtModify":1676535662004,"author":{"id":"4088552529219160","authorId":"4088552529219160","name":"VigneshM","avatar":"https://static.tigerbbs.com/b3e3c747867c8efbffe4baaf5b82dce6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AJBU.SI\">$KEPPEL DC REIT(AJBU.SI)$</a>🥲","listText":"<a href=\"https://ttm.financial/S/AJBU.SI\">$KEPPEL DC REIT(AJBU.SI)$</a>🥲","text":"$KEPPEL DC REIT(AJBU.SI)$🥲","images":[{"img":"https://community-static.tradeup.com/news/455fc61cd2d6c0528636b871c4c43bc6","width":"750","height":"1516"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9057474441","isVote":1,"tweetType":1,"viewCount":162,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9089017010,"gmtCreate":1649931942299,"gmtModify":1676534609674,"author":{"id":"4088552529219160","authorId":"4088552529219160","name":"VigneshM","avatar":"https://static.tigerbbs.com/b3e3c747867c8efbffe4baaf5b82dce6","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/BABA\">$Alibaba(BABA)$</a>True","listText":"<a href=\"https://ttm.financial/S/BABA\">$Alibaba(BABA)$</a>True","text":"$Alibaba(BABA)$True","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9089017010","isVote":1,"tweetType":1,"viewCount":272,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}